31 Jan 2019

Acquisition of Darby Park Executive Suites from the Bursa Malaysia-listed Sime Darby Property Berhad

Partners Norman Ho, Gazalle Mok, Cindy Quek, Yau Yee Ming, Senior Associates Francis Chan, Marco Low, and Associates Michelle Tham, Amelia Cheng, Marcus Tay and Joseph Wong acted for Royal Hiranandani Pte. Ltd. in the S$93 million acquisition of the property situated at 12 Orange Grove, Singapore, from the Bursa Malaysia-listed Sime Darby Property Berhad. Located in one of Singapore’s most prestigious precincts, the six-storey Darby Park Executive Suites comprises 75 exclusive serviced apartments. The transaction also involved taking banking facilities from Malayan Banking Berhad Singapore Branch.