Lentor Mansion is the fifth new condo launched in the Lentor estate, and its sales performance underscores the public’s confidence in the development of the Lentor neighbourhood.With less than a quarter of the units at Lentor Mansion still up for sale, the window of opportunity is quickly shrinking for homeowners to capitalise on Singapore’s best-selling new development.Jointly developed by mainboard-listed real estate group GuocoLand and Hong Leong Holdings, Lentor Mansion was launched for sale
** Envestnet, a U.S. software vendor with a market value of about $3.5 billion, is exploring options that could include a potential sale after receiving takeover interest, people familiar with the matter said. ** Lufthansa's new remedies on its ITA Airways stake buy are not markedly different from an earlier package rejected by EU antitrust regulators which have also discounted Ryanair as a rival in its scrutiny of the deal, people familiar with the matter said.
Singapore's GuocoLand said on Tuesday a tender submitted by its unit with Intrepid Investments for a piece of land has been accepted by the Urban Redevelopment Authority of Singapore at a bid price of S$779.6 million ($571.51 million). The unit GuocoLand (Singapore) would hold a 60% stake in the land, while Intrepid, a unit of Hong Leong Group's investment arm, would have a 40% interest. The piece of land located at Upper Thomson Road could potentially yield about 940 residential units, GuocoLand said.