Singapore: Sloane Court Hotel to be acquired for $59.4m

Singapore: Sloane Court Hotel to be acquired for $59.4m

Living room of a condominium.

Singapore-listed Tiong Seng Holdings and Ocean Sky International are jointly buying Sloane Court Hotel and a small adjoining plot for a consideration of S$80.5 million ($59.4 million) for redevelopment, the companies announced in pre-market exchange filings on Monday (Aug 28).

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