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8M buys shophouses, commercial building for S$82.5m
Seller is Lee Brothers (Wee Kee), held by the family of the late Lee Wee Nam, a well-known Teochew philanthropist
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Kalpana Rashiwala
Published Tue, Mar 27, 2018 · 09:50 PM
Singapore
HOMEGROWN investment property company 8M Real Estate has bagged a portfolio of nine conservation shophouses and a commercial building in District 1 near the Singapore River for a total of S$82.5 million.
The properties are in two clusters - one in Boat Quay/Circular Road and the other along New Bridge Road.
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