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Oakwood Studios Singapore is acquired by an Indonesian tycoon's family for $153 million

Oakwood Studios Singapore is acquired by an Indonesian tycoon's family for $153 million
Credit: Oakwood Studios Singapore

Nestled in the heart of Singapore’s Orchard Road district, Oakwood Studios Singapore offers a luxurious living experience with top-tier amenities, including a rooftop swimming pool, a fully equipped fitness center, a cozy residents’ lounge, and a modern co-working space.

The award-winning serviced apartment, situated on a 17,937 sq ft site on Mount Elizabeth, was previously listed in a 2022 Expression of Interest (EOI) exercise with a guide price of S$170 million.

Now, the property—managed by The Ascott under CapitaLand Investment—has officially been sold for S$152.76 million to an Indonesian tycoon's family.

This transaction marks a significant move in Singapore’s real estate market, as Oakwood Studios continues to be a sought-after residence for both business and leisure travelers. 

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