Knight Frank Singapore has reported the sale of Long House Food Centre at Upper Thomson Road to TEE Ventures, a subsidiary of TEE Land, for S$45.2 million.
The popular food court has a land area of 1,575.6 sq m (approx. 16,960 sq ft). Under the 2008 Master Plan, the freehold site is designated as “Commercial and Residential” with a gross plot ratio of 3.0. The site is suitable for redevelopment into a four-storey mixed-use development with shops on the lower levels and residential apartments on the upper levels.
