The Business Times
SINGAPORE PROPERTY
·
SUBSCRIBERS

Spanish-turned-Singaporean tycoon sells six shophouses in Stanley Street for S$82.4 million

The portfolio’s new owners are affiliates of Singapore-based Clifton Partners

Summarise
Kalpana Rashiwala

Kalpana Rashiwala

Published Thu, Oct 2, 2025 · 03:53 PM
    • One of the six shophouses sold by Singapore-incorporated Anpora Real Estate is at 8 Stanley Street (centre).
    • One of the six shophouses sold by Singapore-incorporated Anpora Real Estate is at 8 Stanley Street (centre). PHOTO: GOOGLE MAPS

    [SINGAPORE] Spanish-turned-Singaporean tycoon Ricardo Portabella has sold a portfolio of six conservation shophouses in Stanley Street for a total sum of S$82.4 million.

    He bought the properties between 2014 and 2019 for about S$75 million.

    They are now owned by affiliates of Singapore-based real estate investment firm Clifton Partners, which was set up in 2011.

    Singapore propertyshophouses

    Copyright SPH Media. All rights reserved.

    Reuse this contentFeedback
    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More