Tan Chong International, one of the leading conglomerates in the Far East, has announced that its real estate arm, Tan Chong Real Estate, will be selling a 16,620 square metre property in Upper Bukit Timah to City Developments Limited (CDL) Aries. The potential sale is expected to pave the way for a potential condo development in the Tan Chong Industrial Park.
This impending sale of the Upper Bukit Timah property is part of Tan Chong’s ongoing efforts to expand its presence in the real estate market. The company has long been a major player in the automotive industry, and has recently been making inroads into the real estate sector. The sale of the property will mark the first step in Tan Chong’s foray into the real estate sector.
The 16,620 square metre property is located in Upper Bukit Timah and is part of the Tan Chong Industrial Park. The property is currently zoned for industrial use and is ideal for potential condo development. The potential sale to CDL Aries will provide Tan Chong with the chance to expand its presence in the real estate market and diversify its portfolio of investments.
The potential condo development in the Tan Chong Industrial Park will be a welcome addition to the area and will provide much needed housing for the growing population in the area. The development will also provide valuable employment opportunities to the local community and help spur economic growth.
The potential sale of the Upper Bukit Timah property is a major milestone for Tan Chong International and the Tan Chong Real Estate arm. This sale is a clear indication of Tan Chong’s commitment to expanding its presence in the real estate market and its willingness to explore new opportunities.
The sale of the Upper Bukit Timah property is expected to be completed within the next few months. Once the sale is completed, CDL Aries will begin the process of planning and constructing the potential condo development in the Tan Chong Industrial Park. This development is expected to provide much needed housing and employment opportunities to the local community and will help spur economic growth in the area.
The potential sale of the Upper Bukit Timah property to CDL Aries will be a major victory for Tan Chong International and the Tan Chong Real Estate arm. This sale is a clear indication of Tan Chong’s commitment to expanding its presence in the real estate market and its willingness to explore new opportunities. The potential condo development in the Tan Chong Industrial Park will be a welcome addition to the area and will provide much needed housing for the growing population in the area.
Tan Chong International, a leading Singapore-based conglomerate, has announced the sale of a 16,620 square metre property in Upper Bukit Timah to City Developments Limited’s (CDL) Aries Investment Holdings Pte Ltd. The property is located in the Tan Chong Industrial Park and is expected to be developed into a condominium.
The property was purchased by CDL Aries Investment Holdings Pte Ltd, a subsidiary of Singapore-listed property developer and investor City Developments Limited (CDL). This sale marks the first project to be undertaken by CDL within the Tan Chong Industrial Park, a major industrial park owned by Tan Chong International.
The land, located at 6 Upper Bukit Timah Road, is situated close to a number of amenities such as shopping malls, schools, and other leisure facilities. It has excellent access to major expressways such as the Pan Island Expressway (PIE) and Bukit Timah Expressway (BKE). The property is zoned for residential use, making it ideal for potential condo development.
The sale of the property to CDL Aries Investment Holdings Pte Ltd marks the first major real estate transaction between the two companies. CDL is the parent company of Aries Investment Holdings Pte Ltd. CDL is one of the largest real estate developers in Singapore and is currently developing a number of residential and commercial projects in the city.
Tan Chong International is a leading Singapore-based conglomerate with a diverse range of businesses including automotive, property, and engineering. Tan Chong International is a major player in the Singapore property development scene, having developed a number of residential and commercial projects in the past. This sale marks the first real estate transaction between Tan Chong International and CDL Aries Investment Holdings Pte Ltd.
The potential condo development in the Tan Chong Industrial Park is set to be a major step forward for the area. It will provide much-needed housing for the increasing population in the area and will help to boost the The Myst local economy.
The potential sale of the 16,620 square metre property to CDL Aries Investment Holdings Pte Ltd is a major boost for both companies. Tan Chong International will benefit from the sale of the property as it will help to increase its property portfolio. Meanwhile, CDL Aries Investment Holdings Pte Ltd will benefit from the potential condo development as it will help to increase its presence in the Tan Chong Industrial Park.
This sale is also a major step forward for the Tan Chong Industrial Park. The potential condo development will help to attract more people to the area and will help to spur further development. This will help to create jobs and boost the local economy, which will in turn benefit the entire community.
The sale of the 16,620 square metre property to CDL Aries Investment Holdings Pte Ltd is an important milestone for both companies. It marks the first major real estate transaction between the two companies and will help to boost the Tan Chong Industrial Park. It is expected to be the beginning of a strong partnership between Tan Chong International and CDL Aries Investment Holdings Pte Ltd, and will help to create a better future for the area.
