Pacific Mansion in Singapore has been sold to a joint venture comprised of GuocoLand (Singapore), Intrepid Investments and Hong Realty for S$980 million ($744 million). This is the largest purchase of a residential site with plans for redevelopment in more than a decade, according to CBRE, which brokered the transaction.
Pacific Mansion is a 290-unit property with 288 apartments and two commercial units at River Valley Close.
