SINGAPORE property developer Hoi Hup Realty has secured a S$332.5 million green club loan to partially finance its S$475 million acquisition of Hyatt-branded luxury hotel Andaz Singapore.

SINGAPORE property developer Hoi Hup Realty has secured a S$332.5 million green club loan to partially finance its...

BT EXCLUSIVE

THE price tag was almost half a billion dollars - a new record - but Hoi Hup Realty did not dither when offered the Andaz Singapore hotel in the Rochor area.

M+S Pte Ltd will sell the hotel component of the Duo mixed-use project for S$475 million to Singapore developer Hoi Hup Realty.

THE national joint venture between Malaysia and Singapore, M+S Pte Ltd, on Tuesday announced it will sell the luxury hotel component of the signature Duo mixed-use project for S$475 million to Hoi...