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JL Family Office buys 65 Club Street for $15.7m

The 999-year conservation shophouse is being sold by boutique property agency JerryTan Residential

Kalpana Rashiwala

Published Sun, Aug 23, 2020 · 09:50 PM

Singapore property

Singapore

JL Family Office, set up by ARA Asset Management cofounder John Lim, has bought 65 Club Street for S$15.7 million from boutique high-end property agency JerryTan Residential.

The 999-year leasehold corner conservation shophouse on an elevated cul-de-sac will be the new home of JL Family Office, which is headed by Mr Lim's son, Andy.

The family office is currently located at Balmoral Plaza.

The Club Street shophouse which it is is buying has three storeys and a mezzanine level. It stands on 2,083 sq ft of land and is is diagonally oppposite the Chinese Weekly Entert…