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Longhouse food court at Upper Thomson Road sold for $45.2 million

Published on Jan 7, 2014 8:47 PM
 
The popular Longhouse food court has been acquired by a listed developer to make way for a commercial/residential mixed development. -- ST PHOTO: LAU FOOK KONG

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.

 
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