Wing Tai chairman, wife, sell Nassim GCB site for record S$230m
Price works out to S$2,721 psf on land area of 84,543 sq ft
Kalpana Rashiwala
Singapore
A GOOD CLASS BUNGALOW on a sprawling freehold site in the Nassim area has been sold for a record S$230 million.
The property along Nassim Road was sold by a private company owned by Wing Tai Holdings chairman Cheng Wai Keung and his wife, Helen. The price works out to S$2,721 per sq ft on the land area of 84,543 sq ft. Property searches list the buyer as SG Casa Pte Ltd.
TRENDING NOW
CSE Global independent director quits after clashes with chairman Eugene Lai over board refresh
‘I felt like dying’: Thai Singha beer scion speaks up after disclosure of alleged sexual abuse
Cat A COE rate exceeds Cat B for third time in 4 months; premiums largely down
What’s wrong with Orchard Road? Experts weigh in on the street’s cachet and its future