SINGAPORE PROPERTY
·
SUBSCRIBERS

Chinese VC firm co-founder to buy Bali Lane unit housing Blu Jaz Cafe for S$23 million

The South Korean party that owns the conservation shophouse property paid S$18.8m for it in late 2019. Separately, level 8 of Samsung Hub is changing hands at nearly S$53.1m or S$4,050 psf

Kalpana Rashiwala
Published Thu, Aug 18, 2022 · 05:50 AM

A CO-FOUNDER of Chinese venture capital firm Shunwei Capital is understood to be in the early stage of buying the Bali Lane shophouse property where popular watering hole and live-entertainment venue Blu Jaz Cafe operates.

Koh Tuck Lye, also known as Xu Dalai, has been granted an option to buy 11 Bali Lane, for S$23 mi…

A NEWSLETTER FOR YOU
Tuesday, 12 pm
Property Insights

Get an exclusive analysis of real estate and property news in Singapore and beyond.

READ MORE

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Property

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here