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8MRE pays S$26.4m for latest shophouse buys
The group is acquiring 28 Duxton Hill and 53 Craig Road from entities linked to Stanley Quek
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Kalpana Rashiwala
Published Tue, Nov 10, 2020 · 09:50 PM
Singapore
SINGAPORE-BASED property investment company 8M Real Estate (8MRE) has picked up two conservation shophouse properties in the Duxton Hill/Craig Road area for a total of S$26.4 million.
The District 2 properties on sites with balance leasehold tenures of close to 68 years each are being sold by entities linked to veteran property investor Stanley Quek.
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