Roxy-Pacific, Tong Eng group MD to buy The Wilshire for S$98.8m
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Janice Heng
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Singapore
ROXY-PACIFIC Holdings has partnered Tong Eng Group's managing director Teo Tong Lim to acquire another residential site - this time the freehold Wilshire in District 10 - for S$98.8 million.
The 39,130 sq ft site has been collectively sold to a joint venture between Roxy-Pacific subsidiary RP Ventures, which has a 40 per cent stake, and Mr Teo's private family office TE2 Development, which holds 45 per cent. The remaining 15 per cent is held by Kim Seng Holdings.
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