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.

The new District 11 luxury condo would be named Watten House.

 

Source: https://www.businesstimes.com.sg/companies-markets/uol-singland-jv-buy-watten-estate-condominium-s5508m

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