• Profile
• Experience
• Accolades

Acted for Far East Organization in the developer's project The Greenwood, a 54-unit strata landed housing development. The project is sited on freehold land but Far East is selling the units with a 103-year lease instead of a freehold tenure, thereby retaining a reversionary interest in the site. There have been earlier, though rare, cases of owners of freehold land who sold a leasehold interest to third party developers, who in turn transferred their leasehold interests to purchasers of units in the development. However, The Greenwood project is the first instance of an owner/developer being able to retain its freehold interest, while transferring a leasehold interest in the units directly to the purchasers. Advised Far East on this novel structure, which was also used in Far East's two other subsequent housing projects on freehold land, Shore Residences and Cabana.

Acted for Far East Organization's Dollar Land Singapore in its successful S$164 million bid for the 99-year leasehold residential site located at the junction of Choa Chu Kang Road and Woodlands Road. The site tender drew eight bids and the successful bid price works out to S$437 psf ppr. The site is a government land tender which is colocated with the Ten Mile Junction LRT station and the suburban plot will include commercial and residential uses.

Acted for In-space Pte Ltd in its S$70 million sale of a 99-year leasehold 8-storey small office, home office (SoHo) development at Beach Road to Fine Grain Property Consortium (Singapore) Pte Ltd and Hirsch Bedner Associates.

Assisted in German fund Commerz Grundbesitz Invesmentgesellschaft (CGI), now known as CommerzReal, in a complex real estate and construction deal that involved the acquisition of 78 Shenton Way for approximately S$650 million.

Assisted in Macquarie Global Property Advisors (MGPA), a private equity real estate fund management firm partly owned by Australia's Macquarie Bank Group, in its S$2.02 billion bid for a prime plot of land in Marina View.