Billionaire property developer Kwek Leng Beng's latest luxury condo project in Singapore has seen robust demand since its launch last month. It does not hurt that some of his own relatives have rallied to the cause.
Mr Kwek's wife Cecilia and son Kingston spent $9.8 million on an apartment in Boulevard 88, according to a City Developments Limited (CDL) exchange filing late on Monday.
His nephew and CDL's group chief strategy officer Kwek Eik Sheng snapped up another unit on one of the upscale project's lower floors for a more modest $4.3 million.
Adapted from The Straits Times 24 April 2019