Thye Hong family's 101,550 sq ft GCB site creates buzz in market

Singapore

AN old bungalow on a freehold site of 101,550 sq ft in the Garlick Avenue Good Class Bungalow (GCB) Area owned by some members of the Lee family behind the Thye Hong group that used to make biscuits has been generating some market buzz in the past few weeks.

Talk on the grapevine is that several potential buyers have expressed interest in this large plot, which may be subdivided for redevelopment into five or six bungalows.