Billionaire Kuok Khoon Hong and Perennial Holdings drops S$350M land plot for GCBs after setbacks

Mary Alavanza
Fri, 14 Nov 2025 09:18:02 +0000
Property, GCB, Kuok Khoon Hong, Perennial Holdings

SINGAPORE: Developer Perennial Holdings and its non-executive director, palm oil billionaire Kuok Khoon Hong, are seeking to sell a vacant 752,014-sq-ft site in Singapore’s Caldecott Hill enclave, as the company said it is recalibrating its resources to its healthcare business instead of its original plan to redevelop the site to build large Good Class Bungalows …