Cornelia FONG is a Partner in the Corporate Real Estate Practice.
She has extensive experience in all aspects of property-related work including sales and purchases, development work, mortgages, mortgagees' sales and tenancy matters.
Cornelia has acted for major property developers in their purchase of residential sites and subsequent sale of units in mixed as well as residential development projects (comprising condominium, apartment, semi-detached and detached houses) across Singapore, landlords and tenants in leases of residential and commercial premises, as well as office buildings, banks in mortgagees' sales and drafting and review of auction terms, tender and other sale and purchase documentation, and in the en bloc purchase of properties.
Cornelia graduated from the University of Nottingham and is admitted to the Singapore Bar.
Significant transactions that Cornelia has been involved in include advising / acting for the following:
- Ladyhill (Private) Limited, (a subsidiary of CapitaLand Residential Limited) the developer of a freehold condominium project, in the sale of units at Marine Blue, situated along Marine Parade Road, Singapore, comprising 120 condominium units and four strata terrace houses released at an average price between S$1,800 and S$2,000 per sq ft.
- Oasis Development Pte. Ltd., a joint venture between JBE Holdings Pte. Ltd. and Keong Hong Construction Pte. Ltd., in the sale of 506 units in SkyPark Residences, an Executive Condominium located in Northern Singapore, which is a 99-year leasehold residential development that comprises a total of nine towers and 36 stacks.
- Ophir-Rochor Residential Pte. Ltd., in the sale of 264 out of 660 residential units of Duo Residences, the residential component within the 99-year leasehold mixed integrated development comprising luxurious residential units, a retail podium and 39 storeys of office and hotel tower located in downtown Singapore.
- Qingjian Realty (Punggol Way) Pte. Ltd. in the approximate S$189.9 million acquisition of an Executive Condominium site at Punggol Way/Punggol Walk, Singapore, and the S$153 million financing in connection therewith, as well as the subsequent sale of units in the residential development to be developed on the land.
- The Singapore Branch of the Canadian Imperial Bank of Commerce in the disposal of its Singapore-based private wealth management business to the Singapore Branch of the Bank of Montreal.
- UOL Group Limited, one of Singapore's most established public-listed real estate companies, in the acquisition, joint development and sale of the mixed-use development known as Katong Regency and ONE KM.
Related Practices
- Corporate Real Estate