Desire from neighborhood, overseas online players in Cuscaden property

Relaxing on one with the last undeveloped plots inside Orchard Route area is known as a two-storey dull bungalow dwarfed by towering condominiums, areas and searching centres.

The late Mister Tan Hoon Siang bought the 20, 741 sq ft freehold property on Cuscaden Route for $18, 591 on May 49 at an retail. He was the great-grandson of famous generous donor Tan Tock Seng.

Your home is named Suite Marie, along with a sign preceding one of it has the doors, a different on it has the gate and a third during one of the partitions.

It was likely named after Mister Tan Hoon Siang’s second wife, Madam Marie Windsor, who past away in Summer 2007 with the age of 97.

Mr Color died with the age of 82 in May well 1991, even though his initially wife, Madam Chee Hoong Luan, past away at the involving 63 on May 1973.

Now your home has been created for sale by means of his 3 sons, working as trustee sale for his estate, pertaining to $160 , 000, 000 to one hundred seventy dollars million. Requests have been solid for the positioning since it was put on the industry last Sunday. The put forward for the positioning closes on, may 12.

Desire is via both neighborhood and in a different country developers and hotel shareholders, said the marketing agent.

Some of the in a different country parties have already got a reputation here, while other people are looking to generate their first investment on Singapore. The positioning is zoned for motel use, even so the Urban Redevelopment Authority reports it would select a proposal for the 20-storey domestic project too.

Today, the reasons show a few signs of downfall. A water fall at the front of the home is not operating and is full of moss, while stones marking walking paths have fallen away. At the back of the house, a Buddhist shrine could be seen when The Straits Times visited last Friday, with an elderly gardener pottering around.

Mr Tan’s family is said to have lived in the property, which appeared to still be occupied last Friday, with a maid ironing in one of the rooms where a portrait of him was prominently displayed.

He had a son and five daughters with Madam Chee, whom he married in 1931. He had another two sons and three daughters with Madam Windsor. He headed several rubber companies in Malaysia as well as Bukit Sembawang Estates, and was a director of OCBC Bank.

Prior to taking up residence in Cuscaden Road, Mr Tan lived in a house in Leonie Hill. In 1981, he sold it to a unit of Far East Organization for $51 million, or $307 per sq ft per plot ratio. The company appears to have amalgamated the site with others and built Leonie Condotel.

Very few redevelopments of landed houses have taken place in Orchard over the past few decades.