Lee Foundation-linked company sells shophouses
4 Outram Road freehold shophouses fetch S$23.8m; deals also sealed in New Bridge Rd and Boat Quay
Singapore
SEVERAL shophouse deals have been sealed recently.
A Lee Foundation-linked company has sold a row of four freehold conservation shophouses along Outram Road for S$23.8 million to construction and property group Chiu Teng.
In another deal, a pair of adjoining shophouses at 277 and 279 New Bridge Road - where Korean BBQ and steamboat restaurant Manbok operates on the ground floor - was sold for S$14.5 million.
The freehold, four-storey shophouses, which are on a single land lot and have a t…
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