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Sold for $61.1m: Proceeds from sale of Dick Lee family's bungalows going to charity

Three adjoining freehold bungalows at 10/10A Chancery Hill Road, 12 Chancery Hill Road and 14/14A Dyson Road were sold for S$61.1 million, consultancy Cushman & Wakefield said on Friday (Mar 31). The buyer is a subsidiary company of Sustained Land, a property developer founded and owned by Douglas Ong. All proceeds of the sale will go to registered charities, which...
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Dick Lee's family to sell $60m bungalows for charity

SINGAPORE – Three adjoining freehold bungalows in Chancery Hill Road and Dyson Road will go on the market at an indicative price of $60 million, with all proceeds to go to charities. This translates to $1,866 per sq ft (psf), based on a combined land area of 32,148 sq ft, marketing agent Cushman & Wakefield said on Monday. The properties...
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