Monday, July 24, 2006
[RealEdge] CNA : City Developments buys Sentosa site for S$255m
City Developments buys Sentosa site for S$255m
Posted: 24 July 2006 1644 hrs
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SINGAPORE : Property developer City Developments has bought a 4.9 hectare site on Sentosa for S$255 million on which it will develop a hotel and luxury apartments, the company and Sentosa Cove Pte Ltd said on Monday.
The Sentosa Cove Quayside Collection will comprise a luxury hotel with berthing facilities, a three-story waterfront commercial site and two six-story condominium apartments, according to the Sentosa Cove Web site.
Sentosa Cove is a wholly owned unit of Sentosa Development Corporation, which is a statutory board of the Singapore government. - CNA/ch
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// posted by Shajahan @ 5:20 PM 