29/11/2022
๐ ๐ฎ๐
๐๐ฒ๐น๐น ๐๐ผ๐๐๐ฒ ๐๐ผ๐น๐ฑ ๐ฒ๐ป๐ฏ๐น๐ผ๐ฐ ๐ณ๐ผ๐ฟ $๐ฎ๐ณ๐ฒ.๐ด๐
The buyer is a JV between Chip Eng Seng, Singhaiyi and Chuan Investments. It is seeking approval from URA to redevelop the commercial building into a commercial and residential mixed-use development with fresh 99 years lease.
More details can be found at the EdgeProp article below.
The 99-year leasehold commercial development was sold to a JV that involves developers SingHaiyi, Chip Eng Seng, and Chuan Investments.