Directors buy units at Marina Bay Suites

KEPPEL LAND on Tuesday said that it has two granted options to purchase units in Marina Bay Suites to a director of Keppel Land and his wife, and a director of Keppel Corporation (KepLand’s parent company) and his wife.

Mr and Mrs Niam Chiang Meng have bought a 2,045 sq ft four-bedroom unit at the development for $4.6 million, or $2,238 per square foot. Mr Niam is a KepLand director.

And Mr and Mrs Yeo Khirn Hai Alvin have bought a 2,680 sq ft four-bedroom unit for $6.5 million, or $2,442 psf.

Mr Yeo is a director of Keppel Corp. Mr Yeo is also a Member of Parliament for Hong Kah GRC.

Source : Business Times – 8 Dec 2009