Billionaire Quek Leng Chan’s GuocoLand and joint venture partners are purchasing a condominium development in Singapore for $743 million, marking the largest residential site sale in the city-state in more than a decade. GuocoLand is buying Pacific Mansion, a 290-unit condo building near Singapore’s business district, Bloomberg reported. The deal works out to roughly $1,987 per square foot. The buyers plan to redevelop the property. CBRE brokered the deal. The sale is regarded as the […]
source https://therealdeal.com/2018/03/20/billionaire-buys-condo-building-in-singapore-for-743m/
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