Axe Brand family pays S$25m for pair of Bukit Pasoh shophouses
Seller OCBC has just put up another four Amoy Street shophouses on the market
Kalpana Rashiwala
Singapore
OCBC seems to be on a roll selling conservation shophouse properties of late.
It recently sold a pair of adjacent freehold shophouses at 11 and 13 Bukit Pasoh Road for S$25 million. The buyer is understood to be the Leong family behind the famous homegrown Axe Brand medicated oil.
TRENDING NOW
Grab CEO’s wife Chloe Tong on life with Anthony Tan and finding her purpose
HDB reviewing ‘jumbo’ flat scheme after Telok Blangah unit listed for sale at S$2.18m
He built the Vingroup empire. Now South-east Asia’s richest man is handing some key roles to his sons
Singapore judge raises doubts iron ore trader Radiant World is owed US$1 billion