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Park View Mansions to go enbloc; SingHaiyi, Chip Eng Seng and KSH make successful joint offer of $260 mil

Felicia Tan
Felicia Tan7/28/2022 08:55 AM GMT+08  • 3 min read
Park View Mansions to go enbloc; SingHaiyi, Chip Eng Seng and KSH make successful joint offer of $260 mil
Park View Mansions in Jurong. Photo: ERA Realty
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SingHaiyi Group, Chip Eng Seng Corporation and KSH Holdings have successfully made a $260 million offer for the enbloc acquisition of Park View Mansions.

The offer was made jointly by Sing-Haiyi Pearl, which is 50%-owned each by SingHaiyi Group and Haiyi Holdings; Chip Eng Seng’s wholly-owned subsidiary CEL Development; and KSH’s indirect 66.7%-owned associated company, TK 189 Development. Ho Lee Group holds the remaining one-third stake in TK 189 Development.

The tender was awarded on July 28.

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