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Trust mulls sale of three prime-area apartment blocks

In districts 9 and 10, they are 120 Grange Road, Cuscaden Mansions and 8 Hullet Road

Kalpana Rashiwala

Kalpana Rashiwala

Published Wed, Sep 7, 2016 · 09:50 PM
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Singapore

A BUNDLE of three smallish freehold apartment developments in prime districts 9 and 10 may be put on the market soon, The Business Times understands.

Estimated to be worth "a couple of hundred million Singapore dollars", the portfolio comprises 120 Grange Road, Cuscaden Mansions at 3 Cuscaden Walk, and 8 Hullet Road. The developments house 47 units in total.

The owner is said to be a trust operated out of the United Kingdom, and the assets are being …

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