Hong Realty

Deals, joint ventures & alliances

GuocoLand enters JV to acquire and develop Margaret Drive land parcel

On Aug 7, the group submitted a tender with Intrepid and Hong Realty for a land parcel at Margaret Drive, which was accepted at a bid price of $497 million.

Broker's Calls

New condo at Amber Park site expected to be value-accretive for CityDev

SINGAPORE (Oct 5): CIMB says the new condo at the Amber Park site could add 5 cents to City Developments’ RNAV if the estimated selling price hits $2,200 psf.
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