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Deals

 

Sale of Katong Mall - S$247.55 million Real Estate | Project Development & Sales

Rodyk acts for Golden Cape Investment, a wholly owned subsidiary of developer Tuan Sing Holdings, in the sale of Katong Mall to Perennial Katong Retail Trust, a private property trust comprising of a consortium of corporate/institutional investors. The sale price for this retail shopping mall at the East Coast is S$247.55 million, and is reported as one of the largest investment sale transactions in Singapore this year. The transaction is expected to be completed end January 2010.

Partner Lee Liat Yeang leads this deal, assisted by partner Low Boon Yean and senior associate Alex Chow.