EL Devt's Lim family buys 2 GCBs for S$46.6m
Price works out to S$1,202 psf for old bungalow in Chancery Lane and S$1,350 psf for Ewart Park property
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Singapore
SOME members of the Lim family that controls construction group Evan Lim & Co and property developer EL Development have bought two Good Class Bungalows, one in Chancery Lane and the other in Ewart Park.
Options to buy the freehold bungalows, at S$26.06 million and S$20.5 million respectively, are understood to have been exercised, though no caveats have been lodged by the respective buyers, who probably wish to keep a low profile on the transaction.
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