Hin Leong founder O. K. Lim's Second Avenue good class bungalow put up for sale by tender

Hin Leong founder Lim Oon Kuin's good class bungalow in Second Avenue in Bukit Timah.
Hin Leong founder Lim Oon Kuin's good class bungalow in Second Avenue in Bukit Timah.PHOTOS: KNIGHT FRANK SINGAPORE
Last month, a $28.5 million offer was reportedly made for the District 10 GCB.
Last month, a $28.5 million offer was reportedly made for the District 10 GCB.PHOTO: KNIGHT FRANK SINGAPORE
The Straits Times understands that a valuer on Aug 31 valued the property at $31 million.
The Straits Times understands that a valuer on Aug 31 valued the property at $31 million.PHOTO: KNIGHT FRANK SINGAPORE
The freehold GCB is one of nine properties in Singapore and Australia that are among assets frozen by the High Court.
The freehold GCB is one of nine properties in Singapore and Australia that are among assets frozen by the High Court.PHOTO: KNIGHT FRANK SINGAPORE

SINGAPORE - Beleaguered Hin Leong founder Lim Oon Kuin's good class bungalow (GCB) in Second Avenue in Bukit Timah, now under a court-ordered asset freeze injunction, has been put up for sale by tender.

The Straits Times understands that the property, based on recent valuation reports, is valued at between $30 million and $31 million, and that a $31 million offer has been made for the GCB prior to the tender launch. 

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