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
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
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).
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
OCBC is said to emerge as lead bidder for HSBC Indonesia assets
Middle East-linked energy supply shocks put Asean Power Grid back in focus
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore
