SUBSCRIBERS

Spring Court restaurant owner pays S$52.9m for Jervois Green

Published Wed, Dec 6, 2017 · 09:50 PM

    Singapore

    JERVOIS Green, a four-storey freehold development at 100A Jervois Road, has been sold for S$52.9 million to investors led by Mike Ho, third-generation owner of Spring Court, one of Singapore's oldest Chinese restaurants.

    The price works out to a land rate of S$1,601 per square foot per plot ratio inclusive of an estimated S$6.95 million development charge.

    Copyright SPH Media. All rights reserved.