20-10-2021, 08:18 AM
By Cecilia Chow
EdgeProp Singapore
October 19, 2021 8:30 PM SGT
The Good Class Bungalow (GCB) at Second Avenue jointly owned by founder of collapsed oil trading firm, Hin Leong Trading, Lim Oon Kuin or “OK Lim”, and his wife Tan Sook Eng, has found a buyer.
The GCB was sold for $33,388,888, according to a caveat lodged on Oct 8. The buyer is Ng Poh Choo, wife of former executive chairman of Cogent Holdings, Tan Yeow Khoon, according to a property title search. Cogent Holdings was delisted in 2018, and is now a wholly-owned subsidiary of Cosco Shipping International. Based on the freehold land area of 19,984 sq ft of the GCB at Second Avenue, the price works out to $1,671 psf.
https://www.edgeprop.sg/property-news/ok...d-3339-mil