SINGAPORE-based Aspial Corporation, headed by billionaire - TopicsExpress

SINGAPORE-based Aspial Corporation, headed by billionaire businessman Koh Wee Seng, has revealed its project in Cairns is the firm’s biggest in Australia. But the secretive developer has not mentioned buying a second site in Cairns. Agents are remaining tight-lipped about the other land sale negotiations in the city although Businessweek understands there are two more to come following the corporation buying a Hartley St site adjoining the Spence St property from the Cairns Regional Council for $8.05m. Aspial has acquired six sites in Australia since January with plans for 5200 apartments.

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