Telok Kurau site purchased for $40 mil to be operated as ‘premium student hostel’ by The Assembly Place
A 430-bed student accommodation located at 116 Lorong J Telok Kurau was sold for $40 million ($382.89 psf) in November 2022. The buyer of the property prefers to remain anonymous while the seller was the Trustees of the Presbyterian Church, owning the underlying 999-year lease (from 1939) on the site. Interest in the property was […]