Ninth floor of Solitaire on Cecil sold to China buyer for S$51.48 million
Office floor is one of three in the project that were put back on the market by the developer late last year
THE ninth floor of the freehold Solitaire on Cecil development has been sold for S$51.48 million, or S$4,130 per square foot based on the strata area of 12,465 sq ft.
The buyer, Singapore-incorporated Long Twinkle Trading, is involved with the wholesale of metals and metal ores. The company is wholly owned by Shanghai Langning Trading Co, the address of which is in the China (Shanghai) Pilot Free Trade Zone.
According to Bloomberg, a Shanghai Langning Trade Co operates as a metal company; it manufactures and sells copper, zinc, aluminium and other related products.
TRENDING NOW
Yeo’s, Tiger Beer and now Gardenia – flight of food manufacturing from Singapore might be just as planned
Apex court rejects resulting trust claim in 99-1 condo dispute
Xi Jinping has just rewritten the rules of US-China rivalry
Singtel seeks clarity on taking part in telco consolidation; analysts note ‘very high bar’ for approval