Business Times

Singapore real estate developer S.P.Tao visiting Colombo

Chairman of Overseas Realty (Ceylon) PLC, S. P. Tao will be in Colombo in the first week of December to present the designs for the final phases of the Havelock City project, the company said.

This presentation is envisaged to include development plans for the remaining six residential towers, the Clubhouse, Sri Lanka’s largest and most modern shopping mall as well as plans for office towers and a hotel. As anticipated, after completion, Havelock City will change Colombo’s skyline unlike any other development project which has been undertaken to date.

Mr Tao, an internationally known real estate developer who heads Singapore’s Shing Kwan Group, is the majority investor of Overseas Realty, with a wide range of large real estate developments within its portfolio internationally.

Phase One of Havelock City comprising Park and Elibank Towers is already complete, with a majority of the 226 apartments sold and residents already in occupation.

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