Former Gloria Mansion Developer

Former Gloria Mansion was sold in blocks for $70.3 million to Fraxtor Capital and a team led by the family office of Daniel Teo and his brother Teo Teck Weng, from the Teo family of Tong Eng Group head. (See potential apartments with block calculator). The brothers also founded the Hong How Group, where Daniel serves as chairman and chief executive officer. He is also an investment advisor to Fraxtor. The deal was brokered by Strata AMC, designated as the exclusive marketing agent.

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