Group led by Daniel Teo buys Mount Rosie bungalow for S$43.8m
Property is being sold by Teo Choon Seng and Teo Tiou Seng, who are sons of Pacific International Lines' founding chairman YC Chang
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
A GROUP of investors led by veteran property developer Daniel Teo of Hong How Group is buying an old bungalow at 21 Mount Rosie Road, near Barker Road, for S$43.8 million with a view to redeveloping it into several landed homes for sale.
The Business Times understands that the property is being sold by Teo Choon Seng and Teo Tiou Seng, who are sons of Pacific International Lines' (PIL) founding chairman, the late Teo Woon Tiong (alias Chang Yun Chung or YC Chang).
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Mustafa Centre begins fit-out at JB’s Capital City Mall after 2-year delay
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
‘Boring’ is the new black: The stars are aligning for a Singapore stock market revival
South-east Asian markets account for 8.8% of global capital inflows from 2021 to 2024: report
