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
New: Gift this subscriber-only story to your friends and family

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.

Already a subscriber? 

Dive deeper at $0.99/month

Want more exclusives, sharp insights into what's happening at home and abroad? Subscribe to stay informed.

Unlock these benefits

  • All subscriber-only content on ST app and straitstimes.com

  • Easy access any time via ST app on 1 mobile device

  • 2-week e-paper archive so you never miss out on any topic that matters to you

Join ST's Telegram channel and get the latest breaking news delivered to you.