The Business Times·3 min read·medium
Tan Boon Liat Building sold en bloc to Kingsford Group at lower reserve price of S$950 million
C
Chong Xin Wei✦AI Summary
The Tan Boon Liat Building in Singapore has been sold en bloc to the Kingsford Group for S$950 million. The sale follows a rezoning study by the Urban Redevelopment Authority to encourage more residential development in the area.
This likely represents the largest collective sale transaction in Singapore so far this year, says Cushman & Wakefield
businesseconomy
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