Wing Tai Holdings Limited (W05.SI)

Lakeside Apartments in Jurong sold to Wing Tai Holdings for $273 mil

The purchase price of Lakeside Apartments is about $33.88 million (14%) higher than the $240 million reserve price listed when the 120-unit development was launched for collective sale in March this year. (Picture: PropNex)SINGAPORE (EDGEPROP) - Leading real estate developer Wing Tai Holdings has won the tender for the collective sale of Lakeside Apartments in Jurong. The developer paid $273.88 million for the 99-year leasehold site. PropNex Realty was the exclusive marketing agent for this coll