Luxasia Group scion buying Lee Hsien Yang's bungalow for $13.25 million

The deal works out to $1,336 per sq ft (psf) for the freehold bungalow in Caldecott Close. PHOTO: ST FILE
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SINGAPORE - Mr Lee Hsien Yang and his wife Lee Suet Fern are in the process of selling a two-storey bungalow in the Caldecott Hill Estate good class bungalow (GCB) area to the scion of beauty products distributor Luxasia Group for $13.25 million, The Straits Times has learnt.

The deal works out to $1,336 per sq ft (psf) for the freehold bungalow in Caldecott Close, near the old premises of Mediacorp.

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