A conservation shophouse at 10 Lorong Telok has been put up for sale with a guide price of $18.8 million via an expression of interest. The 999-year leasehold property is located within the Boat Quay Conservation area. According to Huttons Asia, the exclusive marketing agent of the property, the property has a land size of approximately 1,410 sq ft and.
Recently, we’ve heard about Crazy Rich Asian kind of property purchases by ultra high-net-worth individuals in Singapore. This is as the world is seeing an increasing number of the ultra HNWI a 9.3 per cent increase from 558,828 in 2020 to 610,569 in 2021. Ultra high-net-worth individuals refer to those with a net worth of at least US$30 million.