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Singapore's CapitaLand, Malaysian billionaire brothers' IOI Properties reportedly near $1.9B deal to buy one of city-state's tallest towers

Singapore's CapitaLand Investment and Malaysia's IOI Properties are reportedly close to a S$2.4 billion (US$1.9 billion) deal to acquire One Raffles Place, one of Singapore's tallest buildings.

By ASEAN Rising Newsroom21 August 2026

investment, and the gap to delivery

Singapore's CapitaLand Investment and Malaysia's IOI Properties are reportedly close to a S$2.4 billion (US$1.9 billion) deal to acquire One Raffles Place, one of Singapore's tallest buildings.

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