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Wing Tai sells another apartment at Le Nouvel Ardmore for S$21m

Price works out to S$4,006 psf; buyer is believed to be Indonesian who controls Agung Podomoro Land

Kalpana Rashiwala
Published Mon, Jun 13, 2016 · 09:50 PM

Singapore

WING TAI has sold another apartment at its freehold Le Nouvel Ardmore condominium.

The seventh floor unit is being sold for S$21 million, which works out to S$4,006 per square foot based on the strata area of 5,242 sq ft (inclusive of 280 sq ft of strata void area).

The buyer is believed to be Trihatma Kusuma Haliman, who controls Indonesian property group Agung Podomoro Land, which has been making the headlines in Indonesia recently.

The listed company's former president director, Ariesman Widjaja, has been held in the custody of Indonesia's anti-graft agency, the Corruption Eradication Commission (KPK), pending an investigation in an alleged bribery case involving a large land reclamation proje…

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