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Aw & Sons Capital buys another 10 shophouses at Teck Chye Terrace

It pays S$39m for these adjoining freehold units, five years after buying another five units along the same row

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The group is said to be mulling redeveloping all 15 shophouses into a serviced-apartment or co-living project. The property is near Serangoon MRT interchange and Kovan MRT stations.

Singapore

AW & Sons Capital, a low-profile boutique developer and family office, has bought 10 contiguous freehold shophouses along Teck Chye Terrace, just off Upper Serangoon Road, for S$39 million.

The company already owns the remaining five shophouses in the same row....

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