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SingHaiyi cancels bulk sale involving 34 condo units in California

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Published Wed, Nov 14, 2018 · 09:50 PM

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Singapore

PROPERTY developer SingHaiyi Group has terminated the bulk sale involving 34 condominium units at US$23.1 million of a US commercial real estate project.

It said that its subsidiary Vietnam Town Property terminated the deal on Nov 14 because the buyer failed to close the escrow for 31 of the 34 condominium units on or before Nov 13 due to a lack of financial resources.

Singhaiyi

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