A company linked to jailed Vietnamese businesswoman Truong My Lan is in the process of selling a five-star hotel along Singapore’s Robinson Road at a 30 percent discount from what it paid for the property last year, according to market… Read More>>
Viva Land Selling Singapore Office Tower at 20% Mark-Down After Vietnam Arrests
Viva Land has agreed to sell 39 Robinson Road in Singapore for S$399 million ($300 million), parting with the core office asset at a more than 20 percent mark-down just over five months after a Vietnamese tycoon linked to the… Read More>>
Vietnam-Linked Eric Chu Sells Quarry Bay Site at 36% Off Following Wife’s Arrest
A few months after the fraud arrest of his wife in Ho Chi Minh City, local businessman Eric Chu Nap-Kee has sold a commercial and residential site on Hong Kong island at the heavily discounted price of HK$435 million ($55.46… Read More>>
Viva Land Marketing Singapore Assets at 10% Off After Vietnam Fraud Arrests
After setting Singapore price records with its purchases of an office tower and a five-star hotel along Robinson Road, Viva Land is seeking to unload both assets for around S$670 million ($506.7 million), according to market sources.
The urgent sale… Read More>>
Vietnamese Tycoon Arrested for Swindling, Linked to Singapore’s Viva Land, CK Asset
A Vietnamese tycoon linked to Singapore’s Viva Land, who has has partnered with Li Ka-Shing’s CK Asset, was arrested by police in Ho Chi Minh City on Saturday on charges of swindling investors out of trillions of Vietnamese dong. (VND… Read More>>
Vietnam’s Viva Land Sets Singapore Price Record with $173M Hotel Buy
Vietnam-based Viva Land has agreed to buy a boutique hotel along Singapore’s Robinson Road for around S$240 million ($173 million) from local developer Royal Group, Mingtiandi has confirmed, with the acquisition potentially paving the way for a new integrated development… Read More>>
CapitaLand Sells Hanoi Office Project to Viva Land For $550M
Just over a year after opening a 100,000 square metre office project in western Hanoi, a fund managed by Capitaland Investment Ltd has sold the partially filled asset for S$751 million ($558 million), leaving it with just one partially developed… Read More>>
Singapore’s Tuan Sing Selling Robinson Road Office Tower for S$500M
Tuan Sing Holdings is making one of Singapore’s largest commercial real estate sales this year after signing a S$500 million ($371 million) sale and purchase agreement with a BVI-registered buyer for the firm’s Robinson Point office building.
In a statement… Read More>>