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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

The four adjoining shophouses at 265, 267, 269 and 271 Outram Road are believed to be more than 50 years old. Buyer Chiu Teng is expected to capitalise on the site's proximity to the Tiong Bahru area.


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...

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