SUBSCRIBERS
Kingsford Huray bags Normanton Park for S$830.1m
Published Thu, Oct 5, 2017 · 09:50 PM
Singapore
KINGSFORD Huray Development, owned by Chinese-citizen-turned-Singaporean Cui Zhengfeng, has been awarded the Normanton Park collective sale site at S$830.1 million.
This works out to S$969 per square foot per plot ratio (psf ppr) inclusive of two payments that Kingsford will have to make to the state - a lease upgrading premium and a differential premium.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Property
HDB resale volumes recover in April as fewer BTO launches drive demand to secondary market
More homes planned in Media Circle to support housing demand
Country Garden deadlines pose first big test of bond guarantees
Global housing shortages are crushing immigration-fuelled growth
Australia’s housing rent hits record high in headache for RBA
GuocoLand taps X factor to help tenants pull workers to offices amid hybrid work