Disgraced Ocean Tankers founder Lim Oon Kuin is close to raising SGD 102.9m ($75m) from property disposals after a third luxury bungalow he owns was put up for sale.
The 81-year-old former tycoon’s property is being marketed by estate agent Knight Frank who confirmed the sale by tender in a post on LinkedIn.
“Knight Frank Singapore is pleased to announce that we are launching the tender sale of OK Lim’s GCB [good class bungalow] at Tanglin Hill at the guide price of S$43m,” the estate agent said in the post.
