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China developer tops bids for Hougang site

Fantasia Holding Group's S$75.8m bid 22.2% higher than next highest bid for 99-year leasehold site

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Published Thu, Jun 1, 2017 · 09:50 PM
Land parcel at Lorong 1 Realty Park

Singapore

THE Hongkong-listed China property developer Fantasia Holding Group has come out on top in a contest for a residential land parcel in Hougang.

Its subsidiary Fantasia Investment (Singapore), together with Sun Renwang and Yang Xinping, beat 10 other bidders with the offer of S$75.80 million for the 1.34-ha land parcel Lorong 1 Realty Park, the Urban Redevelopment Authority (URA) said on Thursday.

Property developersURAResidentialSinghaiyi

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