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Shenton House sale in private talks after $590 million tender closes without bids

Several other commercial properties are still on the market as sentiment has turned cautious amid higher financing costs. Read more at straitstimes.com. ....

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Gordon Tang Set to Privatise Singapore's SingHaiYi

Gordon Tang is set to privatize Singapore-listed property firm SingHaiyi Group following a successful takeover bid. ....

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Chip Eng Seng,Unit Leads Buy of Singapore's Peace Mansion

CEL Development, SingHaiYi and SLB Development have made a successful offer for Singapore's Peace Centre/Peace Mansion project. ....

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SingHaiYi JV Wins Maxwell House Site in Singapore

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Tang and Co plan to redevelop Maxwell House into a mixed-use project
A pair of Singapore-listed firms controlled by a mysterious mainland investor with links to the younger brother of former US president George W Bush has teamed with a Hong Kong construction firm to win a tender for a mixed-use project in the Lion City’s Tanjong Pagar area.
SingHaiyi Group, which is controlled by mainland-born billionaire Gordon Tang and wife Celine, joined with Chip Eng Seng Corporation, which the Tangs also control, and an affiliate of Hong Kong-listed Chuan Holdings in a joint bid for the en bloc purchase of the building known as Maxwell House at a price of S$276.8 million ($207.8 million) on Thursday, according to a filing with the Singapore Exchange. ....

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