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Yongnam CEO selling Binjai Park GCB for S$40m

Buyers have option of renovating or redeveloping freehold bungalow, which now has a floor area of 13,986 sq ft

Annabeth Leow

Published Wed, Jan 23, 2019 · 09:50 PM

Singapore

YONGNAM Holdings CEO Seow Soon Yong is selling his good class bungalow (GCB) in the Binjai Park enclave with a guide price of $40 million in a public tender launched on Wednesday.

The price tag, which works out to S$1,464 per square foot on a land area of 27,320 sq ft "will certainly pique buyers' interest", said Sammi Lim, director of capital markets at marketing agent CBRE.

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