LMG Realty buys Nassim Road bungalow for S$23.7m
The buyer is expected to redevelop the plot of freehold land
Add BT as a preferred source
Kalpana Rashiwala
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
LEE Metal Group unit LMG Realty has picked up a bungalow in the Nassim Road Good Class Bungalow (GCB) Area from seasoned bungalow investor Thomas Chan for nearly S$23.69 million.
The price works out to S$1,782 per square foot on this plot of freehold land measuring 13,292 sq ft. A bungalow more than 30 years old sits on the site, which LMG Realty is expected to redevelop.
Copyright SPH Media. All rights reserved.
TRENDING NOW
‘Boring’ is the new black: The stars are aligning for a Singapore stock market revival
Near sell-out launches in March boost developer sales to 1,300 units after four slow months
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Genting Singapore’s Lim Kok Thay receives S$7.5 million pay package for FY2025
