An honorable member of the Coffee Shop Has Just Posted the Following:
This case smells to kingdom come!
According to online media, the Pasir Ris One Design Build and Sell Scheme project was developed by PRC company SingHaiyi Group, which subcontracted the job to construction firm Kay Lim Holdings.
The project comprises 447 units put on sale since April 2012 for between $390K and $770K. Little wonder why residents are up in arms over the poor quality finishings of their flats.
According to SingHaiyi's website, the company specializes in an "investment banking" approach towards property development, "whereby SingHaiyi leads in identifying development projects or other related opportunities, sets the commercial parameters and then brings in co-investors and joint venture partners, playing as far as possible a lead or co-lead role for the duration of such projects."
On its website, the founders of SingHaiyi are listed as husband and wife, Gordon Tang and Chen Huaidan, both of whom are from the PRC.
Click here to view the whole thread at www.sammyboy.com.
01-07-2015, 10:10 AM
PRC couple own company that built the 1.2m corridor for DBSS!
