8-storey residential flats to be developed at Geylang freehold sites but is financing a problem for the district?

Development 24 announced on 5 March that they have completed the¬†acquisition of several freehold land parcels at 31 to 51 (odd) Lorong 24 in Geylang for a total of $60 million. Development 24 is a joint-venture between Heeton Holdings, Lian Beng Group and KSH Holdings. The sites purchased by Development 24 has a combined land … Continue reading 8-storey residential flats to be developed at Geylang freehold sites but is financing a problem for the district?