IOI Properties announces subsidiary's successful bid to buy

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

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