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IOI Properties subsidiary is sole bidder after offering over RM4b to buy Singapore s Marina View tract

IOI Properties Group Bhd’s wholly-owned subsidiary Boulevard View Pte Ltd submitted a S$1.508 billion (approximately RM4.68 billion) bid to buy an estimated 0.78ha (7,817.6 square metres) leasehold land known as the White site at Singapore’s Marina View enclave under the country's Urban Redevelopment Authority's (URA) invitation to tender which saw Boulevard View becoming the sole bidder.

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