Sherman Kwek, Chief Investment Officer of City Develoment Limited (CDL) has pruchase a Good Class Bungalow (GCB) located near the junction of Tanglin and Jervois Road for $18.8m which translate to $1,247 psf on land area of about 15,073sf.
Located on an elevated group, the current 2 storey bungalow consists of a builtup of 7,600sf with 6 ensuite bedrooms and also a swimming pool.
Sherman Kwek is the son of Kwek Leng Beng, the Executive Chairman of CDL and Hong Leong Group.
Some of the current new landed property for sale include
