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UOL-Singland JV wins Meyer Park en bloc deal for $392.18 million

The Edge Singapore
The Edge Singapore • 3 min read
UOL-Singland JV wins Meyer Park en bloc deal for $392.18 million
Photo of Meyer Park from Edmund Tie & Co
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A joint venture between UOL Group (SGX:U14) and Singapore Land Group (SGX:U06) will be paying $392.18 million for Meyer Park under an en bloc deal.

The price translates to a unit land rate of $1,668 psf per plot ratio, including a 7% bonus balcony area.

The sales committee has accepted the offer by the joint venture on Feb 9.

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