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Sign in Sign up for a FREE subscriptionIOI wins mixed-use site in Singapore’s Marina Bay for $1.5b
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.