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Stanley Quek buys shophouses in Duxton Hill for S$19.6m
Price translates to about S$2,200 psf on a floor area of slightly below 9,000 sq ft
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Kalpana Rashiwala
Published Tue, Sep 8, 2015 · 09:50 PM
Singapore
A CONSORTIUM led by property investor Stanley Quek has picked up a couple of adjacent shophouses in Duxton Hill for S$19.6 million.
The properties, which have three storeys and an attic, are on two separate land lots; however the units are linked, forming a distinctive corner shophouse lot. Tenants on the street level include Italian restaurant Latteria, which has also leased the open space next door from the state on a temporary occupation licence to operate an alfresco dining area.
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