F&B towkay selling Bishan bungalow for $11.5 mil

By Cecilia Chow and Bong Xin Ying / EdgeProp Singapore | February 3, 2019 8:03 AM SGT
Businessman Ricky Kok bought his bungalow at Clover Crescent four years ago. Even though the house is the biggest along the street, his family has outgrown the space.
The 2½-storey house sits on a freehold, land area of 10,034 sq ft. It has a built-up area of up to 8,000 sq ft, five en suite bedrooms including the master suite, two rooms on the attic level, a karaoke room and an outhouse on the side of the main house. There’s a home lift from the first level to the attic.
The house has a 55m frontage (Credit: Samuel Isaac Chua/ The Edge Singapore)
According to Kok, he entertains his business associates and staff quite often at home. However, the house is still too small for his parties of 200 to 300 people. “I’m looking for a house with an entertainment room, perhaps the size of a ballroom, where I can hold big parties,” he says. “Or a bungalow with a large indoor and outdoor space that can comfortably accommodate a few hundred people.”
Kok has been living in Bishan for almost 20 years. One of the main reasons is that his two elder children – a son and daughter now in their early 20s – attended Kuo Chuan Presbyterian Primary and Secondary, and now his two younger children, also a son and daughter, are enrolled in primary 1 and 2 in their elder siblings’ alma mater.
Built on an elevated ground, the house at Clover Crescent enjoys broad views of the Bishan area
Another reason Kok likes the area is that “it’s very central”, he says. “It’s convenient, no matter which part of Singapore you go to.” This is because Kok is the founder of Chang Cheng Group, a sprawling F&B empire with outlets islandwide – it includes more than 28 coffee shops bearing the Chang Cheng Mee Wah signboard; more than 200 food stalls selling a wide range of food from vegetable rice or Tze Char to roast meats;...