BusinessWeek, 5 Jun 2012
Far East Organization, Singapore’s largest closely held real estate developer, said it sold a record 2,200 homes in the first five months.
The developer marketed projects in Singapore’s suburbs this year, including Watertown in the northeast and Hillier in the northwest, which includes homes modeled after New York and London apartments over a mall with a Dean & Deluca store.
Far East will offer discounts of as much as 3 percent to mark the record sales, it said on its website. It declined further comment in an e-mailed statement in response to queries. Full story