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Next change for House of Tan Yeok Nee: TCM Centre
Perennial also plans to begin works on TripleOne Somerset and Axa Tower in the second quarter of 2016
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Kalpana Rashiwala
Published Thu, Feb 4, 2016 · 09:50 PM
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Singapore
THE House of Tan Yeok Nee along Penang Road - a gazetted national monument - will soon be home to an upmarket TCM (Traditional Chinese Medicine) Centre.
"We have received in-principle approval from the authorities for a change of use and we plan to set up a joint venture with a partner in the TCM industry to offer treatment in a conducive and luxurious environment," said Pua Seck Guan, CEO of Perennial Real Estate Holdings, which owns a half stake in the property. The balance is owned by a Chinese party.
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