UOL-SingLand JV to buy Watten Estate Condominium for S$550.8m
Watten Estate Condominium has been sold via tender to UOL Group and Singapore Land Group (SingLand).
The transacted price is S$550.8 million, which is about 10.2% about the minimum price of $500 million.
UOL Group and SingLand intend to develop 200 larger format apartments at the 220,241 square feet site.
Source: https://www.businesstimes.com.sg/companies-markets/uol-singland-jv-buy-watten-estate-condominium-s5508m
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