Consortium controlled by billionaires Kwek Leng Beng, Quek Leng Chan bids $450M for Singapore condo site
A joint venture between Hong Leong unit Intrepid Investments and GuocoLand has submitted a bid of SGD576.78 million (US$450M) for the 99-year leasehold site at Berlayar Drive, an area part of Singapore’s Greater Southern Waterfront redevelopment, according to The Business Times. The bid sets a new record for a 99-year Government Land Sale pure private … Read more