Spring Court restaurant owner pays S$52.9m for Jervois Green
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Singapore
JERVOIS Green, a four-storey freehold development at 100A Jervois Road, has been sold for S$52.9 million to investors led by Mike Ho, third-generation owner of Spring Court, one of Singapore's oldest Chinese restaurants.
The price works out to a land rate of S$1,601 per square foot per plot ratio inclusive of an estimated S$6.95 million development charge.
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