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Two more properties sold en bloc; deals total S$676.5m

Oxley-led consortium buying Rio Casa for S$575m; BBR unit acquiring Goh & Goh Building for S$101.5m

    Published Thu, May 25, 2017 · 09:50 PM

    Singapore

    ANOTHER two collective sales have taken place in quick succession within a month of the first sale this year, showing firmer signs of a pick- up in the en bloc market.

    Rio Casa, a former HUDC estate in Hougang, has been sold for S$575 million by a consortium comprising Oxley Holdings, KSH Holdings, Lian Beng Group and the private investment firm of Super Group's Teo family.

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