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Mining tycoon selling Swettenham Rd GCB

Price of S$23.52 million for two-storey freehold bungalow translates into S$1,543 psf

PRIME PROPERTY: Analysts note the transacted price is lower than the S$30 million the seller had been asking.

INDONESIAN mining tycoon Low Tuck Kwong is said to be the party selling a Good Class Bungalow (GCB) along Swettenham Road for S$23.52 million.

This translates into S$1,543 per square foot based on the freehold land area of 15,239.53 sq ft.

Mr Low and his family are said to reside...

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