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Astrid Hill bungalow in early stage of being sold for over S$55m

The price works out to S$1,989 per square foot on a land area of 27,699 square feet

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Kalpana Rashiwala

Kalpana Rashiwala

Published Wed, Nov 30, 2022 · 05:50 AM
    • The old freehold bungalow in Astrid Hill is next to another old bungalow that Ng Keng Sing bought last year. Both properties are in the Queen Astrid Park Good Class Bungalow area.
    • The old freehold bungalow in Astrid Hill is next to another old bungalow that Ng Keng Sing bought last year. Both properties are in the Queen Astrid Park Good Class Bungalow area. PHOTO: GOOGLE MAPS

    AN OPTION to purchase an old freehold bungalow in Astrid Hill for nearly S$55.09 million has been granted to Ng Keng Sing, a director and co-owner of oil and petroleum company Midas NSSG International.

    The price works out to S$1,989 per square foot (psf) on a land area of 27,699 square feet (sq ft). The property is next to another old bungalow that Ng bought last year for S$44.3 million or S$1,413 psf on land area of 31,359 sq ft (inclusive of a long driveway). Both properties are in the Queen Astrid Park Good Class Bungalow (GCB) area.

    Ng was the former chief executive of TAT Petroleum.

    Residential propertyGood class bungalowSingapore residential property

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