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Indonesian tycoon buys 2 Bt Pasoh shophouses

Prajogo Pangestu's family office pays nearly S$22 million for the freehold properties

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The shophouses at Teo Hong Road have been bought by the Pangestus.

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The four-storey building on Kampong Bahru Road is being sold to a Chinese investor.

Singapore

THE family office of Indonesian tycoon Prajogo Pangestu has picked up a pair of adjoining freehold shophouses in Teo Hong Road in the Bukit Pasoh Conservation Area for nearly S$22 million.

The properties are a stone's throw from Outram MRT Station. One of them is

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