Hwa Hong acquires 2 freehold commercial plots from CDL
It is acquiring the sites in Jalan Besar for S$13.8m, and plans to develop one or two commercial buildings there
Singapore
HWA Hong Corporation has acquired two commercial freehold plots in Jalan Besar in Singapore from City Developments Limited (CDL) for S$13.8 million in total.
The option to purchase was exercised by Hwa Hong's indirect wholly owned subsidiary Global Trade Investment Management Pte Ltd (GTI) on Tuesday.
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