Mediacorp sells Caldecott Hill site for S$280.9m
The buyer is an entity to be owned by Perennial Real Estate Holdings and Kuok Khoon Hong
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AN ENTITY to be jointly owned by Perennial Real Estate Holdings and its chairman Kuok Khoon Hong has clinched Mediacorp's former Caldecott Broadcast Centre plot for S$280.9 million.
It is located at the heart of the Caldecott Hill Good Class Bungalow Area. Mediacorp has been granted an outline approval by the Urban Redevelopment Authority (URA) for a proposed site redevelopment into two-storey bungalows with a minimum land area of 800 square metres per house.
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