Dentons Rodyk assisted a consortium of developers led by SingHaiyi Group on the acquisition of the Loyang Valley condominium complex in Singapore for SGD880 million (USD691 million), marking the largest residential collective sale deal so far in 2026.
Senior partner Liat Yeang Lee and partner Shang Chai Chua led the firm’s team.
The Loyang Valley site has an existing 99-year lease, which began in 1982 and will expire in 2081.
The transaction remains subject to various conditions precedent, including in principle approval for upgrading the lease to 99 years and approval of the sale from the Strata Titles Boards or high court if required.
Loyang Valley sits on an 840,648 square foot site and comprises 362 apartments.
