08/10/2023
https://www.businesstimes.com.sg/companies-markets/euro-asia-apartments-sold-ksh-holdings-indirect-subsidiary-s22218-million
'Low Choon Sin, managing partner of SRI Capital Market, said the tender was well-received, with interest from developers due largely to the property's city-fringe location, accessibility to the Boon Keng MRT Station and the abundance of amenities in the mature neighbourhood.
"Currently, the balance inventory of new residential housing units within District 12 as well as the vicinity is running low. The sale of Euro-Asia Apartments is timely to allow the developer an opportunity to replenish their land bank as well as inject new housing units to meet rising demand from the market," he said.'
AN indirect subsidiary of property firm KSH Holdings has won the tender for Euro-Asia Apartments in Serangoon, which was put up for collective sale last month, according to an exchange filing on Tuesday (Jul 26). Read more at The Business Times.
