Property News · October 20, 2017

Chinese developer acquires another residential plot in Singapore for US$462m


Shenzhen-based Logan Property has Singapore firmly in its sights. The company has bought a large scale residential site for S$629 million (US$462 million) – its second in the city within five months.
The Hong Kong-listed firm won the bid for a project called Florence Regency located in Hougang district, in northeast Singapore, the company said on Friday.
“We think it’s a reasonable price,” said Derek Lee, investor relations director at Logan Property. “It’s…

Source : South China Morning Post
Read more…Chinese developer acquires another residential plot in Singapore for US2m