SINGAPORE (Mar 29): Lafe Corporation is buying the 15-unit Fairhaven development at Sophia Road in Singapore for $57 million in an en bloc sale.

The freehold property is located in District 9, just outside the main Orchard Road shopping belt.

With a total site area of approximately 16,660 sq ft, the site is zoned “residential” and has a plot ratio of 2:1.

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