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Tag Archives: Cheong

Cheong Sim Lam buys Ascott Raffles Place Singapore for S$353.3 million

Wed, Jan 09, 2019 – 6:27 PM PRIVATE investor Cheong Sim Lam, whose family developed International Plaza and the Hyatt Regency Singapore, has acquired Ascott Reit’s Ascott Raffles Place Singapore for S$ 353.3 million. The 20-storey conserved building with 146 serviced apartments is located at 2 Finlayson Green, and has a 999-year lease. Mr Cheong developed several residential projects … The Business Times

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