Lee Foundation unit sells Haig Road property
The freehold asset fetches S$32.8m; currently, a three-storey development of 10 terrace houses and a bungalow sit on the 25,054 sq ft site
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CASUARINA Properties, controlled by the Lee Foundation and members of the Lee family, has sold 11 landed homes on 25,054 sq ft of freehold land at the Haig Road/Haig Lane corner for S$32.8 million.
Located opposite Tanjong Katong Secondary School, the District 15 plot can be redeveloped into a low-rise apartment project with up to 32 units of an average size of 100 square metres gross floor area (GFA).
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