2 Bukit Pasoh shophouses sold for nearly $22m

No. 13 and 15 Teo Hong Road (left) were bought by ANB Investment for close to $22 million. Separately, a four-storey freehold commercial building near the corner of Kampong Bahru Road (right) and Neil Road has been transacted for $22.58 million. The
Separately, a four-storey freehold commercial building near the corner of Kampong Bahru Road (above) and Neil Road has been transacted for $22.58 million. The property is officially named Dimensions Building but is also known as Blair House.PHOTO : BT READER

The family office of Indonesian tycoon Prajogo Pangestu has bought a pair of adjoining freehold shophouses in Teo Hong Road in the Bukit Pasoh Conservation Area for nearly $22 million.

One of them is understood to have been sold by Mr Lim Chun Shuang, son of Mr Lim Hock San, president and chief executive of United Industrial Corporation.

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A version of this article appeared in the print edition of The Straits Times on June 04, 2018, with the headline '2 Bukit Pasoh shophouses sold for nearly $22m'. Print Edition | Subscribe