Wing Tai chairman selling Nassim Road house for $300 million

Wing Tai chairman selling Nassim Road house for $300 million

Singapore - Wing Tai Holdings chairman Cheng Wai Keung is selling a house with a pool and a tennis court at 33 Nassim Road for as much as $300 million, which will make it a record for a house sold here, Bloomberg said yesterday.

Wing Tai chairman's house for sale at $300 million

  • Open gallery

    A NASSIM Road bungalow, owned by Wing Tai Holdings chairman Cheung Wai Keung, was put up for sale today.

  • Open gallery

    f sold, the plum 85,000 sq ft site is expected to attract offers of between $250 million to $300 million and could be one of the largest bungalow deals here, sole marketing agent Jones Lang LaSalle (JLL) said.

  • Open gallery

    The two-storey bungalow in one of Singapore's most exclusiive enclave is sited on elevated grounds and has a swimming pool and tennis court.

  • Open gallery

    Offers of up to $300 million are expected, which works out to up to $3,529 per sq ft of land area, said Mr Karamjit Singh, JLL's head of investments and residential.

  • Open gallery

    This is, however, significantly higher than the previous benchmark set for the area.

The previous record was $87.5 million.


Get My Paper for more stories.

Purchase this article for republication.
Your daily good stuff - AsiaOne stories delivered straight to your inbox
By signing up, you agree to our Privacy policy and Terms and Conditions.