Long House site: Brought for $678,000, sold for $45.2m

Long House site: Brought for $678,000, sold for $45.2m - ST Cheryl Ong

1,575.6 SQ M @ $888 psf
Purchaser: TEE Land



A Life not Reflected is a Life not Worth Living.

Wow, when did they buy the house for $678,000 ? 50 years ago ?

(09-01-2014, 12:40 PM)cyclone Wrote: Wow, when did they bought the house for $678,000 ? 50 years ago ?

It's actually a food centre.

[Image: longhouse07e.jpg]

The one near Thomson plaza..?

Tee Land going to tear down the food centre. Long House from old Jalan Besar stadium to Upper Thomson Rd.



**The said freehold site occupies a land area of approximately 1,575.6 sq m, and is zoned under
the 2008 Master Plan for Commercial & Residential use with a maximum plot ratio of 3.0. The
Company intends to re-develop the Property into a commercial cum residential development.**

http://infopub.sgx.com/FileOpen/TEELand_...eID=270084

this is another example. Work whole life, yet the most valuable is the property.
other examples like CK Tang & YHS.

BTW CK Tang basement quite happening. After privatisation.

I used to eat the prawn noddle in the long house.

(09-01-2014, 01:50 PM)opmi Wrote: this is another example. Work whole life, yet the most valuable is the property.
other examples like CK Tang & YHS.

BTW CK Tang basement quite happening. After privatisation.

Quite sad that Long House will be gone and replaced with yet another tasteless mass market development with the attendant food court.

1980s - One A&W restaurant
1900s-2000s- Many stalls, one foodcourt
In the near future - Many shops, many residential units
2030 - Plot ratio increased to 80.0, thus 80 storeys fully maximized with multi storey carpark, no space wasted.
5 storeys of carpark, 10 storeys of commercial space, 65 storeys of residential units.
1 floor 20 units of 60sqm each, able to house 80pax per floor or 5200 pax for the residential units.
Add 40 shops per floor and you get 400 shops.
2060 - Underground space becomes all the range. Another 40 storeys being added underground.

Lavender food court will be gone by year end too.