Wednesday, January 9, 2008

Singapore's Ho Bee gets Sentosa site for $769 mln

SINGAPORE, Jan 9 (Reuters) - Ho Bee Investment said on Wednesday that together with joint venture partner IOI Properties it has won a tender for a condominium site on Singapore's Sentosa island for S$1.1 billion ($768.7 million).

The 99-year leasehold site has a total area of 231,676 square feet and is designated for a 357-unit condominium development with a maximum height limit of 20 storeys.

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