Ridout Road Site GCB gets nearly 10 bids

The tender for 73,277 sqft freehold Good-Class Bungalow )GCB) site at 35 Ridout Road closed on Wednesday and is said to have attracted close to 10 bids. The highest bid could be around $85M. The land area is large enough to be sub-divided into four smaller GCB plots. The property is a trustee sale due to a court order arising from the the resolution of a dispute in the family of late property tycoon Chow Cho Poon,

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