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Home / News / Property

Chip Eng Seng sells shophouses for total consideration of $24.2 mil

Property

Chip Eng Seng sells shophouses for total consideration of $24.2 mil

Felicia Tan Published on Wed, Apr 07, 2021 / 9:48 PM GMT+8

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Chip Eng Seng has, through its subsidiary CES Capital Holdings, disposed of its shophouse properties in Tanjong Pagar and Geylang for a total consideration of $24.2 million.

CES Capital Holdings, on April 7, entered into a sale and purchase agreement to sell its conservation shophouses at 84/A/B and 86/A/B both at Tanjong Pagar Road for a consideration of $10.68 million.

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