The Business Times
business-time-50

Taiwanese family wants them all in S$293m Draycott deal

HK-listed Want Want China Holdings chairman Tsai Eng-Meng, son Shao Chung buy entire Eden tower from Swire

google-preferred-sourceAdd BT as a preferred source
Kalpana Rashiwala

Kalpana Rashiwala

Published Tue, Apr 6, 2021 · 09:50 PM

    Singapore

    THE Tsai family of Taiwan behind snack food giant Want Want China Holdings is the party that has bought all 20 units at the completed freehold luxe development, Eden, at 2 Draycott Park.

    The S$293 million transaction involves three tranches, The Business Times (BT) understands.

    Singapore propertyluxury

    TRENDING NOW

    Some industry watchers wonder if Orchard Road can hold its own next to competing retail destinations, both global and local.

    What’s wrong with Orchard Road? Experts weigh in on the street’s cachet and its future

    Eugene Lai (left) says that he was sharing a view with Tan Chian Khong that the board needed a refresh and that it was not an explicit direction to resign.

    CSE Global independent director quits after clashes with chairman Eugene Lai over board refresh

    Ryoji Shoda says that his luxury plans will not necessarily come with a price hike.

    Onitsuka Tiger pivots from Asics stripes to tap luxury market

    Singapore also intends to deepen cross-border data flow mechanisms, says Minister for Digital Development and Information Josephine Teo.

    Singapore to advance AI agenda as Asean chair, focus on cross-border data flows, smaller firms

    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