Dentons Rodyk has advised a consortium of developers – Qingjian Realty and joint venture partners Forsea Residence and Jianan Realty Investments – on the SGD951 million (USD746 million) acquisition and financing of a Government Land Sales (GLS) site from the Urban Redevelopment Authority (URA).
Located in the Dover-Medway neighbourhood, the site marks the first new residential launch in the Dover area in more than 20 years and is expected to yield around 626 residential units.
The Dentons Rodyk team was led by senior partner Liat Yeang Lee, who co-heads the firm’s corporate real estate, project development, and collective sales practices, together with partner Shang Chai Chua.
Beyond advising on the acquisition and financing, Dentons Rodyk will also act in the future sale of units within the residential development.
