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.
This will make them a cornerstone investor alongside Alibaba, China state-owned Overseas Chinese Town Holding, and an associate company of Hong Kong-based Henderson Land Development.
JTC on Tuesday said it has launched one site at Tuas West Avenue for tender under the second half of the 2019 Industrial Government Land Sales (IGLS) programme.
