Crescendas’ Leow family buys Jalan Besar shophouses for S$38.5 million, Textile Centre car park for S$26 million

Separately, Apricot Capital is said to be buying Serene Centre for about S$105 million; Mohinani family puts Bugis Point on market at S$85 million indicative price

Kalpana Rashiwala

Published Tue, Oct 10, 2023 · 05:00 AM

Singapore property

CRESCENDAS Group chairman Lawrence Leow and his family have picked up three freehold shophouses on a corner lot in Jalan Besar for S$38.5 million, as well as the multi-storey car park at Textile Centre in Jalan Sultan and an adjacent plot for about S$26 million.

Separately, word on the street is that Serene Centre in Bukit Timah is being sold for about S$105 million.

In Jalan Besar, the three-storey shophouses that the Leow family is buying are Nos 203, 205 and 207; the trio are on a single freehold land lot of about 6,378 square feet (sq ft) at the junction with Sam Leong Road.