A popular food court along Upper Thomson Road is changing hands for
$45.2 million.
A unit of mainboard-listed TEE Land is acquiring Longhouse, the
company said in a filing on Jan 7 to the Singapore Exchange.
The 1,576 square metre freehold site is zoned for commercial and
residential use under the 2008 Master Plan, with a maximum plot
ratio of 3.
TEE Land intends to redevelop Longhouse into a commercial cum
residential development. The property was a family held asset.
ST
