Two more properties sold en bloc; deals total S$676.5m
Oxley-led consortium buying Rio Casa for S$575m; BBR unit acquiring Goh & Goh Building for S$101.5m
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
ANOTHER two collective sales have taken place in quick succession within a month of the first sale this year, showing firmer signs of a pick- up in the en bloc market.
Rio Casa, a former HUDC estate in Hougang, has been sold for S$575 million by a consortium comprising Oxley Holdings, KSH Holdings, Lian Beng Group and the private investment firm of Super Group's Teo family.
Copyright SPH Media. All rights reserved.
TRENDING NOW
From 1MDB to ‘corporate mafia’: Is Malaysia facing a new governance test?
Higher costs, lower returns: Why are Singaporeans still betting on real estate?
South-east Asian markets account for 8.8% of global capital inflows from 2021 to 2024: report
Richard Eu on how core values, customers keep Singapore’s TCM chain Eu Yan Sang relevant