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Wing Tai buys Kallang freehold site for residential development
By Loh Kim Chin, Channel NewsAsia | Posted: 14 August 2006 2042 hrs

	Blossomvale

SINGAPORE : Wing Tai is buying a freehold site located beside the Kallang River Side Park for S$44.6 million.

It plans to develop the 35,000 square feet site into a residential property development.

The site has a gross plot ratio of 3.5 times.

Approval has already been given for a 30-storey block of about 100 apartment units on the site.

Wing Tai has developed more than 70 projects in Singapore and in the region, including Newton 18 and Maplewoods.

- CNA /ls