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158 Cecil Street being sold for S$240m

Alpha Investment Partners grants purchase option to a company linked to low-profile Singaporean Denis Jen, who owns malls in Australia

Formerly known as The Spazio and Dapenso Building, 158 Cecil Street has won many accolades, including the top prize at the 2011 Skyrise Greenery Awards.


A COMPANY linked to low-profile investor Denis Jen, who owns shopping malls in Australia, is buying 158 Cecil Street for S$240 million from a fund managed by Alpha Investment Partners, the fund management arm of Keppel Land.

The price works out to about S$2,100 per square...

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