According to sources, the purchase price was $40.5 million ($ 2,517 psf), and also the bargain is claimed to be agented by Knight Frank.
The deal at Coronation Road West was brokered by Steve Tay, senior associate vice-president of List Sotheby’s International Realty, that declined to comment. Tay had actually detailed the residential property offer for sale at $48 million last year.
The purchaser is Lim Wan Looi, partner of Fragrance Group creator and also executive chairman James Koh, that has actually gotten on a buying spree of bungalow sites this year, starting with the acquisition of a 25,272 sq ft, property GCB plot for $24.8 million on Lornie Road in Caldecott Hill Estate in January, based on a caution lodged with URA Realis. Prior to that, he bought a 21,046 sq ft, freehold bungalow website at Hillside Drive for $19.25 million ($ 915 psf), according to a caution lodged …