SINGAPORE (Sept 18): TEE Land is developing a block of residential apartments at Seraya Crescent.

The group has entered into six option-to-purchase agreements to acquire for $25.7 million the freehold land located at 1, 1A, 1B, 1C, 1D and 1E, Seraya Crescent with a total land area of 2,236.1 sqm.

The proposed acquisition is subject to legal due diligence and is expected to be completed by next January.

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