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

Published Tue, Jun 26, 2018 · 09:50 PM

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.