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Ong Beng Seng-linked company negotiating sale of dormitory

Price of Homestay Lodge in Kaki Bukit, which was completed in mid-2001, is said to be around S$125m

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Kalpana Rashiwala

Kalpana Rashiwala

Published Thu, Feb 12, 2015 · 09:50 PM

    Singapore

    A PRIVATELY owned vehicle of Hotel Properties managing director Ong Beng Seng and his brother-in-law David Fu is said to be negotiating to sell a foreign workers' dormitory on a sprawling site along Kaki Bukit Avenue 3.

    The price is around S$125 million, according to market talk.

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