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

[chialc88]

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.

[cyclone]

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

[cif5000]

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

It's actually a food centre.

[Image: longhouse07e.jpg]

[opmi]

The one near Thomson plaza..?

[kbl]

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

[opmi]

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.

[CityFarmer]

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

[LionFlyer]

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.

[Big Toe]

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.

[kbl]

Lavender food court will be gone by year end too.