Indonesian tycoon Tahir picks up 12 Grange Infinite units

INDONESIAN tycoon and philanthropist Tahir is understood to be the buyer in the recent bulk transaction of 12 units at the completed, freehold Grange Infinite project. The transaction is said to have amounted to S$70-plus million.

The deal comprises 11 four-bedroom apartments ranging from around 2,560 sq ft to 2,700 sq ft each and a "junior penthouse" of 6,039 sq ft on the 20th level of the 36-storey freehold project.

The acquisition by Mr Tahir is said to price the apartments in the region of S$2,050 per square foot on average and the penthouse at around S$1,950 psf.