Roxy relaunching Trilive with 8% price cut on selected units

Singapore

PROPERTY and hotel group Roxy-Pacific Holdings, which posted a 23 per cent drop in third-quarter net earnings, is relaunching its freehold Trilive condo in the Kovan area, with price reductions of about 8 per cent on selected units.

To date, the group has sold only 20-odd units in the 222-unit project, at an average price of about S$1,500-plus per square foot, Roxy executive chairman and CEO Teo Hong Lim told BT on Tuesday.

He also said that for the 8 Russell Street strata retail venture in Hong Kong in which Roxy has a 30 per cent stake, less …