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Rare 117,000 sq ft Dist 9 site up for sale after passing of matriarch

Cheong family-owned plot can be redeveloped into bungalows, semi-detached or terrace houses - or into one or more mansions for ultra-high-net-worth families

Kalpana Rashiwala

Published Tue, Oct 27, 2020 · 09:50 PM

Singapore property

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 vendo…