Chip Eng Seng Decides to Take Over Yuan Ching Road Park View Mansions
The park view mansions are 99-year leasehold condominiums along Yuan Ching Road in Jurong, Singapore. They were sold for $260 million to a joint venture comprising CEL Development (40%) and Sing-Haiyi Pearl (30%). CEL Development is a wholly-owned subsidiary of Chip Eng Seng Corp, while Sing-Haiyi Pearl is a 50:50 joint venture between SingHaiyi Group and Haiyi Holdings. TK 189 Development is a Singapore-based joint venture between Kim Seng Heng Realty and Ho Lee Group.
Construction of Riverfront Residences by Oxley Lian Beng Venture
Oxley Lian Beng Venture is a renowned property developer known for the development of luxury residential units. Their latest project, Riverfront Residences, is located in Hougang Avenue 7. The development is close to Hougang Central, the Hougang Mall, and the Hougang Transportation Hub. The luxurious residences feature full amenities, such as an indoor gym, function rooms, and a 50 m swimming pool. Apart from being near …