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
Singapore
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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