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LEE Liat Yeang

Partner
Real Estate
lee.liatyeang@rodyk.com
+65 6885 3676


EXPERIENCE

Acting for Vicland Realty Co Pte Ltd in the collective purchase of Haig Mansions, a 16-unit residential development along Haig Road. The development is sold through a collective tender sale exercise for S$21.5 million or around S$720 per sq ft per plot ratio (psf ppr) including an additional 10% of gross floor area for balconies. The 20,226 sq ft freehold site has a gross plot ratio of 1.4. This sale is subject to an Order for Sale from the Strata Titles Board or the High Court (as case may be).


Acting for RL Central Pte Ltd, a wholly owned subsidiary of listed developer Roxy Pacific Holdings Ltd, in the collective purchase of Mackenzie Mansion, a residential development located next to The Istana. The collective purchase price is approximately S$24.6 million. The purchase is subject to an Order for Sale from the Strata Titles Board or the High Court as the case may be.


Acted for Sim Lian Land in their S$278.8 million acquisition of a prime executive condominium site at Tampines Central 7 located in the heart of Tampines town. This translates to S$392 psf ppr, a new record price for executive condominium land which is meant for buyers with an income ceiling of S$10,000. Sim Lian can build more than 660 strata units on this land site.


Acts for Malaysian developer SP Setia International Pte Ltd in its S$65 million purchase of 27-unit Leong Bee Court, a residential development at Woodsville Road. This marked SP Setia's first property acquisition in Singapore. SP Setia plans to build a 105-unit development on the site after redevelopment.


Acted for a joint venture company (comprising United Engineers, Greathearth and Lee Metals) led by the former in the project sale of Austville Residences, a 540-unit executive condominium located at Sengkang East Avenue. This will be the first executive condominium in Singapore to have a theme design.



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