Peak Residence is the former Peak Court located at 333 Thomson Road. It was successfully sold enbloc $118.88 million to Tuan Sing Holdings and Rich Capital Holdings. The land site area approximately occupies 57,378 sqft. The purchase price works out $1558 PPR.
Tuan Sing is holding 70% stake and Rich Capital will be holding the remaining 30%.
TUAN SING HOLDINGS LIMITED
Tuan Sing Holdings Limited is growing rapidly with a diversified-portfolios in hotel ownership, property investment and property development in Singapore and across the regions. In 2019, Tuan Sing has started its business transformation to reposition itself from a niche developer to a leading developer through expanding their portfolio by venturing into residential, commercial and hospitality projects across other key Asian cities like Australia, Indonesia and China.
The Group’s current and past track records of are Seletar Park Residence, Kandis Residence, Leedon Park, Mont Botanik, Cluny Park Residence, Sennett Residence and many more. Over the years, Tuan Sing Holdings has received multiple awards and accolades which includes Top 2018 Developers (Kandis Residence), 2018 BCI Asia Award, 2019 Singapore Landscape Architectural Award 2019 – Silver Award (18 Robinson Road) and many others.
RICH CAPITAL HOLDINGS LIMITED
Rich Capital Holdings Limited is is the market leader in both Local and Asia region for residential and industrial developments. The Group’s expertise is in property management, investment and development and also providing specialist construction services.
The Group current local portfolio comprises re- developments of a B2 Industrial @ at 6 Kim Chuan Terrace. Their overseas portfolio includes Oxley Convention City in Batam, Indonesia. The first integrated premier development in Batam.
Tuan Sing & Rich Capital current and past track records includes Kandis Residence, Leedon Park, Sennett Residence, Mont Timah, Clumy Park Residence, Seletar Park Residence and many others
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