Ong Beng Seng-linked company negotiating sale of dormitory
Price of Homestay Lodge in Kaki Bukit, which was completed in mid-2001, is said to be around S$125m
Kalpana Rashiwala
Singapore
A PRIVATELY owned vehicle of Hotel Properties managing director Ong Beng Seng and his brother-in-law David Fu is said to be negotiating to sell a foreign workers' dormitory on a sprawling site along Kaki Bukit Avenue 3.
The price is around S$125 million, according to market talk.
TRENDING NOW
MedPark’s assistant CEO runs a hospital where patients, physicians precede profits
E-commerce is killing ‘real’ commerce, says China’s beverage king Zhong Shanshan
Laos-China Railway picks up steam, but S-E Asian country struggles to capture gains
NDR 2026: Singapore to create new Western island to support 'new generation of industries'