Singapore
A PLUM freehold landed residential site in District 9 is expected to be put on the market in a few months.
The plot, at 5 Oxley Rise, has a land area of 117,230 sq ft. It is owned by seven members of the Cheong family, all sons of Hong Fok Corporation and Tian Teck group's late founder Cheong Eak Chong. Tian Teck group is one of Singapore's oldest developers; among other properties, it developed International Plaza in Anson Road.
Industry watchers believe the vendors may have in mind an asking...