The sale of City Towers in Bukit Timah has finally been completed at its fourth en bloc attempt and after a pair of sibling owners initially attempted to block the deal.
Pincus-backed ARA Asset Management, one of the largest Asian real estate fund managers, is exploring a dual stock market listing, including one in Singapore, in the next two to three years, group CEO and co-founder John Lim said.
The Housing Board has launched 4,089 flats for sale on Wednesday, one day after Minister for National Development Lawrence Wong announced higher grants and higher income ceilings for flat buyers.
