exited transactions.
The divestment of the property asset was successfully executed in line with the Group’s investment strategy, marking the completion of its intended holding period. Proceeds from the sale have been strategically redeployed to support ongoing portfolio optimisation and to fund future acquisitions, reinforcing the Group’s commitment to disciplined capital management and long-term value creation.
A prime freehold residential property located along the exclusive Cairnhill Circle, nestled within Singapore’s prestigious District 9. Just minutes from Orchard Road, the property offers a rare combination of privacy, luxury, and urban convenience. Surrounded by high-end residences, top schools, and premier retail and dining destinations, it attracted strong interest from discerning buyers seeking long-term value in a coveted address. The transaction was privately negotiated and concluded through the direct involvement of our company’s CEO, ensuring a discreet and strategic execution. With effective asset positioning and management, the property was successfully divested, delivering solid returns for CF&E RE and reinforcing its strong track record in high-end residential investments.
Purchase Date: September 2012
Sold Date: May 2025
Status: Full Ownership
Type of Property: Condominium
Yield: Undisclosed (Private Treaty)
Wing On Plaza is a well-established commercial complex located at Mody Road, in the bustling Tsim Sha Tsui East district of Kowloon, Hong Kong. Completed in 1981, the building features a mix of office spaces and retail units, including the flagship Wing On Department Store. It spans approximately 286,000 square feet across 12 to 13 floors, offering medium to large-sized units.
Its strategic location near the East Tsim Sha Tsui MTR Station ensures excellent connectivity, with easy access to major areas across the city. The area is surrounded by luxury hotels, shopping malls, and waterfront attractions, making it a prime location for businesses in retail, trading, and professional services.
Purchase Date: November 2021
Sold Date: February 2025
Asset Status: Major Fractional Ownership
Type of Property: Commercial Office
Yield: 9.7%
Reference: https://www.saichild.com/post/strategic-investment-hkd18-5-million-office-space-in-tsim-sha-tsui
Situated in the heart of District 10, Robin Suites is a freehold residential development located just steps from Stevens MRT station and close to Singapore’s most prestigious schools. This boutique project offers compact yet luxurious units, appealing to urban professionals and investors seeking exclusivity, connectivity, and capital appreciation in a prime location.
CF&E RE identified Robin Suites as a strategic investment opportunity given its tenure, location, and strong rental potential. The timely acquisition and subsequent divestment delivered robust returns, reaffirming CF&E RE’s disciplined investment approach in targeting undervalued assets within the Core Central Region.
Purchase Date: July 2017 Sold Date: November 2024 Status: Full Ownership Type of Property: Apartment Yield: 21%
A unique collection of pre-war shophouses strategically located in the heart of Singapore’s Central Business District, within walking distance to both Raffles Place and Chinatown. This heritage asset combined historic charm with modern functionality, making it highly attractive to a diverse mix of tenants. Upon achieving full occupancy across all units, the development reached stabilised performance and was subsequently divested. The transaction yielded superior returns for CF&E RE, marking a successful value-add repositioning and exit.
Purchase Date: April 2018
Sold Date: March 2024
Asset Status: Major Fractional Ownership
Type of Property: Shophouse
Yield: 21%
A freehold landed property situated along the prestigious Bukit Timah Road, one of Singapore’s most sought-after residential corridors. Surrounded by top-tier schools, tranquil greenery, and a host of upscale amenities, the property offered an exceptional living environment with strong long-term value. Its strategic location also provided seamless connectivity to the city centre and major expressways, enhancing its appeal to both homeowners and investors. Through careful asset repositioning and value optimisation, the property achieved its full potential and was successfully divested, generating strong and attractive returns for CF&E RE.
Purchase Date: July 2017
Sold Date: November 2023
Asset Status: Full Ownership
Type of Property: Landed
Yield: 18%
A distinctive row of pre-war conservation shophouses situated along Mohamed Sultan Road, a charming and historically rich enclave nestled between Orchard Road and Robertson Quay. Known for its vibrant mix of dining, nightlife, and cultural heritage, the location has evolved into a sought-after lifestyle and commercial destination. This rare freehold asset offered a compelling blend of architectural character and modern functionality, making it especially attractive to boutique office users, creative businesses, and premium F&B operators.
CF&E RE undertook a targeted enhancement strategy that included façade restoration, interior upgrades, and tenant repositioning to unlock the full value of the property. Upon achieving full occupancy across all units, the asset delivered stable rental income and operational efficiency. With strong tenant covenants and a revitalised profile, the property was divested at a substantial premium. The transaction yielded a 20% return, highlighting a well-executed value-add strategy and a successful exit that aligned with CF&E RE’s broader investment objectives.
Purchase Date: April 2018 Sold Date: May 2023 Asset Status: Full Ownership Type of Property: Shophouse Yield: 20%
Far East Finance Centre is a Grade A commercial office tower prominently situated at 16 Harcourt Road in Admiralty, Hong Kong’s central business district. Completed in 1982, the building rises 48 storeys and offers premium office spaces with panoramic views of Victoria Harbour and the city skyline.
With direct access to Admiralty MTR interchange station and connected to nearby commercial hubs via elevated walkways, the property enjoys exceptional transport connectivity. Surrounded by major government buildings, global financial institutions, and five-star hotels, it is a preferred address for multinational corporations and professional firms seeking a prestigious business location.
Purchase Date: November 2021 Sold Date: June 2022 Asset Status: Major Fractional Ownership Type of Property: Commercial Office Yield: 10.7%
Nestled in the prestigious Bukit Timah area, Watten Residences is an exclusive cluster housing development offering a rare combination of landed living with condominium facilities. Located within a low-density, serene enclave in District 11, it is surrounded by top schools and is just minutes from the city. The property's spacious layouts and premium finishes appealed strongly to discerning families seeking privacy, space, and long-term value.
CF&E RE identified the development’s potential early, securing a strategic entry and executing a successful divestment aligned with market timing. The exit delivered strong returns, further validating CF&E RE’s ability to uncover and unlock value in prime landed-style residential offerings.
Purchase Date: September 2018 Sold Date: December 2021 Status: Minor Fractional Ownership Type of Property: Cluster House Development Yield: 13%
Located in the heart of Admiralty, Two Pacific Place is a premier Grade A office tower within one of Hong Kong’s most prestigious commercial complexes. With direct access to Pacific Place Mall, luxury hotels, and the Admiralty MTR interchange, it offers unmatched connectivity and corporate prestige. The development has consistently attracted multinational tenants, underpinned by its quality finishes, professional management, and strategic location between Central and Wan Chai.
CF&E RE’s investment in Two Pacific Place reflected a deliberate strategy to gain exposure to core commercial assets in Hong Kong’s CBD. The asset’s resilience and liquidity enabled a well-timed exit, delivering strong capital gains and reinforcing CF&E RE’s positioning in premium cross-border real estate investments.
Purchase Date: March 2016 Sold Date: October 2021 Status: Partial Ownership Type of Property: Grade A Office Yield: 14%
Reference: https://www.pacificplace.com.hk/en/work/twopacificplace
A premium waterfront condominium located in the tranquil Tanjong Rhu enclave, Water Place offers a unique blend of scenic living and city-fringe convenience. Overlooking the Kallang Basin and within walking distance to the upcoming Tanjong Rhu MRT station, the property is well-connected while retaining a peaceful, residential charm. Its spacious units and comprehensive facilities made it a sought-after address for both owner-occupiers and investors.
With effective asset positioning and timely divestment, CF&E RE achieved a successful exit with solid returns, reinforcing its proven track record in identifying value within mature, high-potential neighborhoods.
Purchase Date: September 2015 Sold Date: March 2020 Status: Full Ownership Type of Property: Condominium Yield: 17%