City Towers enbloc

The collective sale of City Towers in Bukit Timah has finally been completed at its fourth en bloc attempt and after a pair of sibling owners initially attempted to block the deal. Sale of the District 10 freehold site for S$401.9 million to a unit linked to Hong Kong tycoon Li Ka-shing was completed on Aug 27, real estate firm Colliers International announced in a press statement on...

The City Towers collective sale tender was launched last January, and sold in February to a unit linked to Hong Kong tycoon Li Ka-shing for S$401.9 million. If a pair of siblings have their way, the collective sale of City Towers, sold last February to a unit linked to Hong Kong tycoon Li Ka-shing for S$401.9 million, will not go through. The brother and sister, who own two units at the freehold...