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Stanley Quek buys shophouses in Duxton Hill for S$19.6m

Price translates to about S$2,200 psf on a floor area of slightly below 9,000 sq ft

The Duxton Hill shophouses (above) have a balance lease of 72 years.
At the freehold Bishopsgate Residences (above), the price of the townhouse that was sold recently works out to S$3,465 psf based on the strata area of 6,081 sq ft.


A CONSORTIUM led by property investor Stanley Quek has picked up a couple of adjacent shophouses in Duxton Hill for S$19.6 million.

The properties, which have three storeys and an attic, are on two separate land lots; however the units are linked, forming a distinctive