Low Keng Huat buys 3 plots in Cairnhill for S$100m

Singapore

SINGAPORE-listed property developer Low Keng Huat on Thursday said its subsidiary Glopeak Development has entered into an agreement for the purchase of 67 Cairnhill Road and two adjacent plots - lots 836C and 844T of Town Subdivision 27 - for S$100 million.

The freehold site has a land area of 1,839.5 sq m, or 19,800 sq ft, is zoned for residential use under the Urban Redevelopment Authority's 2014 Master Plan and has an allowa…