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Li Ka-shing unit is buyer of City Towers

Japura Development, linked to HK tycoon's Cheung Kong empire, beat six other contenders in the race to bag the Bukit Timah Road residential development

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City Towers (above) comprises 77 units of apartments and maisonettes, a penthouse unit and a shop unit. Each residential owner stands to receive between S$2.78 million and S$11.5 million.

Singapore

JAPURA Development, linked to Hong Kong tycoon Li Ka-shing's Cheung Kong empire, is the party that clinched City Towers in Bukit Timah Road through a collective sale this month, The Business Times understands.

The award of the freehold collective sale site was announced

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