Tuesday, May 30, 2006

[RealEdge] CNA : CityDev buys Lucky Tower at Grange Road for S$383m in en bloc deal

Singapore News »
Time is GMT + 8 hours
Posted: 29 May 2006 2203 hrs

CityDev buys Lucky Tower at Grange Road for S$383m in en bloc deal
By Loh Kim Chin, Channel NewsAsia

SINGAPORE : City Developments has bagged the en bloc sale of Lucky Tower for S$383 million.

The development is in a prime location along Grange Road, near the Orchard Road shopping belt.

Lucky Tower sits on a 170,000 square foot freehold site, which can be potentially redeveloped into a 24-storey up-market condominium.

CityDev has already bought Kim Lin Mansion in Grange Road and the freehold Biltmore site in the Orchard Boulevard vicinity. - CNA /ct



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