SingHaiyi submits winning bid of $81.1 mil in en bloc purchase of How Sun Park

SINGAPORE (Nov 28): SingHaiyi Group has emerged as the winning buyer in the collective purchase for the property at How Sun Park, a freehold property with a site area of 5,104.3 sqm.

The winning bid of $81.1 million was submitted by SingHaiyi Huajiang Amber, a subsidiary of SingHaiyi, was duly accepted by the owners of the property on Tuesday.

SingHaiyi Huajiang Amber is a 50-50 joint venture between Corporate Bridge, a wholly-owned subsidiary of the company, and Huajiang Properties II, an entity controlled by Gordon and Celine Tang, controlling shareholders and directors of SingHaiyi.

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