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IOI wins mixed-use site in Singapore’s Marina Bay for $1.5b
Transactions - OCTOBER 1, 2021

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IOI wins mixed-use site in Singapore’s Marina Bay for $1.5b

by Andrea Zander

IOI Properties Group has won the bid from Urban Redevelopment Authority for a site in Marina View, Singapore, for  S$1.51 billion ($1.11 billion), reported  The Strait Times.

The site will be for a mixed-use development with residential, hotel, commercial and/or serviced apartments, totaling 905 private homes, 2,000 square meters (21,530 square feet) in gross floor area of commercial space and 540 hotel rooms.

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