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Mediacorp sells Caldecott Hill site for S$280.9m

The buyer is an entity to be owned by Perennial Real Estate Holdings and Kuok Khoon Hong

 Kalpana Rashiwala
Published Tue, Dec 15, 2020 · 09:50 PM

    Singapore

    AN ENTITY to be jointly owned by Perennial Real Estate Holdings and its chairman Kuok Khoon Hong has clinched Mediacorp's former Caldecott Broadcast Centre plot for S$280.9 million.

    It is located at the heart of the Caldecott Hill Good Class Bungalow Area. Mediacorp has been granted an outline approval by the Urban Redevelopment Authority (URA) for a proposed site redevelopment into two-storey bungalows with a minimum land area of 800 square metres per house.

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