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Global Dragon, former TMC, to acquire Katong Omega Apartments with $46.3 mil winning bid

Property

Global Dragon, former TMC, to acquire Katong Omega Apartments with $46.3 mil winning bid

PC Lee Published on Mon, Apr 09, 2018 / 7:30 AM GMT+8

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SINGAPORE (Apr 9): Global Dragon has succeeded in its acquisition bid for Katong Omega Apartments.

Formerly known as TMC Education Corp, Global Dragon says subsidiary GDL Land on Friday received an acceptance of its bid to acquire the property for $46.31 million.

Marketing agent Teakhwa Real Estate had expected the development is expected to fetch at least $41 million.

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