Kingsford Huray bags Normanton Park for S$830.1m
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Singapore
KINGSFORD Huray Development, owned by Chinese-citizen-turned-Singaporean Cui Zhengfeng, has been awarded the Normanton Park collective sale site at S$830.1 million.
This works out to S$969 per square foot per plot ratio (psf ppr) inclusive of two payments that Kingsford will have to make to the state - a lease upgrading premium and a differential premium.
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