The Business Times
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SINGAPORE PROPERTY

John Lim’s family office sells conservation shophouse at 65 Club Street for S$21 million

Buyer is linked to UHNW Singapore PR; separately, Swiss national pays S$6,274 psf for unit at The Marq on Paterson Hill

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Kalpana Rashiwala

Kalpana Rashiwala

Published Mon, Oct 6, 2025 · 04:09 PM
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    • JL Family Office paid S$15.7 million for 65 Club Street (the grey building) in 2020.
    • The 3,057 sq ft apartment at The Marq on Paterson Hill was sold by SC Global Developments.
    • JL Family Office paid S$15.7 million for 65 Club Street (the grey building) in 2020. PHOTO: BT FILE
    • The 3,057 sq ft apartment at The Marq on Paterson Hill was sold by SC Global Developments. PHOTO: GOOGLE MAPS

    [SINGAPORE] JL Family Office – set up by ARA Asset Management co-founder John Lim – is selling a conservation shophouse at 65 Club Street for S$21 million.

    This is S$5.3 million or 33.8 per cent higher than the S$15.7 million it paid for the 999-year leasehold property in 2020.

    The buyer is Singapore-incorporated Asia Success Management, the primary business of which is single/multiple family office activities.

    Singapore propertyConservationshophouses

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