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This bungalow at Punggol sold for $300 millions!

Ilovelamb

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In the early 1970s, the Government under the Land Acquisition Act as acquired the Maltida House aka Punggol Kampong House from Mr Cashin. Mr Howard Cashin, 82, eminent lawyer and a epitome on the Singapore rugby scene for decades, spent many happy holidays in and around it. It is called Matilda House, named for his paternal grandmother and built by his father, Mr Alexander Cashin, as a present for his wife.

The Punggol seaside bungalow, built in 1921/22 as a weekend retreat for the Cashin family, will be restored and conserved as a landmark and put to community use in Punggol New Town. The house is within a short walking distance from Punggol 21 and, for those old enough to remember, off that narrow winding road that led to those great Punggol Point seafood eateries.

It was in October 2002, Mr Cashin and The New Paper team visited the Matilda house again. Mr Cashin was quite shocked by seeing its present state, and he confessed to being 'a little shaken' at seeing it in its present state.
 
hmmm.... quite familiar with that area but never really remembered this spot....
 
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Punggol residential site with historic house put up for sale

A HOUSE in Punggol built in 1902 by the father of the late legal eagle Howard Cashin has been put up for sale as part of a 99-year leasehold private residential site launched for tender by the Urban Redevelopment Authority yesterday.
Kalpana Rashiwala

Wed, Oct 27, 2010
The Business Times

A HOUSE in Punggol built in 1902 by the father of the late legal eagle Howard Cashin has been put up for sale as part of a 99-year leasehold private residential site launched for tender by the Urban Redevelopment Authority yesterday.

The single-storey house will have to be conserved and restored for use as a clubhouse or private residential use within the new proposed development on the site. Matilda House was acquired by the government under the Land Acquisition Act in the mid-1980s and gazetted as a conservation building on Feb 21, 2000.

The house was built in 1902 by Alexander Cashin, the father of Howard Cashin and son of Joseph Cashin, who arrived in Singapore in the 1840s. Starting out as a lawyer's clerk, Joseph Cashin made his fortune investing in legal opium farms in the 1880s and later, in real estate. Cashin Street, next to Bras Basah Complex, was named after him.

The Cashin family was one of the oldest Irish families to have settled in Singapore and owned several other houses as well as about 400 shophouses here.

Matilda House is named after Mr Joseph Cashin's wife. Mr Alexander Cashin built it as a present for his wife, according to an article in October 2002 in The New Paper. The Punggol seaside bungalow served as a weekend retreat for the family. Sited on the Punggol seafront, it was surrounded by orchards on all sides. The Cashin family also owned about 350 hectares of land in the area on which there were also rubber and coconut plantations.

The house today is in pretty rundown condition sparking some talk about it being spooked.

URA said that Matilda House is an example of an early-style tropical bungalow. Its distinctive features include entrances on both sides of the main building, raised floors, timber lattice and louvred windows and transoms to allow cross-ventilation. It is the only remaining historic bungalow in Punggol Town.

The single-storey Matilda House has an existing gross floor area of about 4,488 sq ft. In addition to this, the successful bidder of the 2.7 hectare site (which includes Matilda House) can develop a total 888,904 sq ft gross floor area of new buildings. This can generate a condominium with about 810 units.

Credo Real Estate executive director Ong Teck Hui describes the plot as a 'plum suburban site with many things in its favour - proximity to Punggol MRT Station, the bus interchange and the proposed town centre, with Matilda House thrown in for uniqueness'.

Based on current sentiment, the site could draw six to 10 bidders with top bids of around $400 to $450 psf per plot ratio (psf ppr), or $355-400 million in absolute quantum.

SLP International Property Consultants executive director Nicholas Mak predicts bids of about $380-420 psf ppr, with five to nine bids expected.

The tender for this site closes on Dec 7.

URA yesterday also launched for tender another 99-year leasehold plot at Seletar Road, slated for development into condominium/flats (up to five storeys) or landed housing/strata landed housing (up to two storeys). If developed into a condo, the 1.7 hectare plot can generate about 270 units.

The site is next to a plot awarded to Far East Organization at a state tender that closed in September last year at $376 psf ppr. Far East is developing Greenwich V (comprising 35 shop units) and The Greenwich, a 319-unit condo, on the site. It released the condo in early August and to date has sold 233 units.

Credo's Mr Ong notes that caveats for The Greenwich have been lodged at about $1,300-1,400 psf for smallish units and $1,000-1,100 psf for more normal-sized apartments.

Mr Ong observed that while the latest site also enjoys a good location in the Seletar Hills area, which is in good demand and which will benefit further from the aerospace hub, 'it is in a way 'landlocked', sandwiched by landed estates, the Greenwich development and a SingTel telephone exchange'.

He predicts four to eight bidders going by current sentiments, with top bids in the $550-600 psf ppr range (or about $145-158 million).

Mr Mak says the site may attract four to seven bids with top bids coming in at $320-360 psf ppr. 'Some of the bidders could be medium-size developers as the absolute land cost is not excessive,' he added.

The tender for this site closes on Dec 14.


http://news.asiaone.com/News/The+Business+Times/Story/A1Story20101027-244481.html
 
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http://news.asiaone.com/News/the+Straits+Times/Story/A1Story20090905-165813.html
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Legal luminary Cashin dies at 89

Ex-Rugby Union president had colon cancer. -ST

Sat, Sep 05, 2009
The Straits Times

By Carolyn Quek, Teh Joo Lin & Terrence Voon

ONE of Singapore's longest-serving lawyers - who took on the inquiry into the 1983 Sentosa cable car tragedy and the sensational Adrian Lim murder trial - died early on Thursday morning after a long battle with cancer.

Mr Howard Edmund Cashin, 89, had practised law here for more than 50 years. So passionate was he about his profession that he spent almost every day in court, said his widow, Mrs Lily Cashin, 53.

Outside the courtroom, he pursued his other passions - rugby and cricket - and was the Singapore Rugby Union's (SRU) president between 1977 and 1987.




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Matilda House

From Wikipedia, the


free encyclopediaJump to: navigation, search
This article is about Matilda House (building). For Matilda House (Ngambri-Ngannawal elder), see Matilda House (person).
Coordinates: 1°24′18.5″N 103°53′55.5″E / 1.405139°N 103.89875°E / 1.405139; 103.89875 (http://toolserver.org/~geohack/geohack.php?pagename=Matilda_House&params=1_24_18.5_N_103_53_55.5_E_)
Matilda House

Matilda House, with Soo Teck LRT station in the background
Station statistics
Address 21 Punggol Way
Singapore 828864
Coordinates 1°24′19″N 103°53′50″E / 1.405397°N 103.897347°E / 1.405397; 103.897347 (http://toolserver.org/~geohack/geohack.php?pagename=Matilda_House&params=1.405397_N_103.897347_E_)
Other information

Matilda House is one of the oldest houses in Singapore. Located in Punggol, it is very close to the Soo Teck LRT Station. The house was originally built in 1902 for Mr Joseph Cashin, whose family history in Singapore can be traced back to the early 1840s. It has entrances on two sides of the main building, an open balcony at the front facade, and a long verandah. The house is now uninhabited and is currently in ruins.

Matilda House was given conservation status by Singapore's Urban Redevelopment Authority in February 2000. Despite redevelopments in the surrounding area, it stands as a reminder of the past to the residents of Punggol. It is a frequent haunt for photographers, especially for those who want to take night shots of the place.

Memoirs of Howard Cashin
The following is an extract of the newspaper interview with Mr Howard Cashin when he and the newspaper team visited the place in 2002.

It was in October 2002, Mr Cashin and The New Paper team visited the Matilda house again. Mr Cashin was quite shocked by seeing its present state, and he confessed to being 'a little shaken' at seeing it in its present state.

The glorious past

The dilapidated framework and red corrugated roof don't do any justice to its glorious past. It had a red-tiled roof and pristine white-washed walls then. It was a sprawling, single-storey, six-bedroomed bungalow with servants quarters attached, stables on the side and set in orchards which had mangosteen, durian and rambutan trees.

Manicured lawns, tropical blooms, clipped hedges lay to the front with neat tennis courts to the sides. And a long staircase ran down the garden - which was on several levels - to the sandy beach, which was a mere 200m away. Even this was not all of it. The Cashin family owned about 350 hectares of land in the area on which there were also rubber and coconut plantations.

'The last time I came here was about 10 years ago,' said Mr Cashin, looking mildly upset. His first memories of Matilda House date to the time he was about 4 years old. The Cashin family, originally from Ireland and one of the oldest to have settled in Singapore, owned several other houses here. Mr Cashin was born in their mansion in Haig Road, now no longer in existence. There was also a house on Grange Road and another in Sarimbun. In addition, the family owned other properties, including about 400 shop-houses all over the island.

'It was my grandfather, Joseph William Cashin, who made the money,' he explained. Once a lawyer's clerk, his grandfather invested in opium farms - legal in the 1880s - and made a fortune there before investing in real estate. Cashin Street, off North Bridge Road, was named after him. 'My father followed suit, but without benefit of the opium,' quipped Mr Cashin. 'He built Matilda House, and my memories of Singapore as a small boy revolve vastly around it. We could swim in the sea, but in pagars (a swimming enclosure in the sea) to keep out sharks or the occasional crocodile which would appear.'

Mr Cashin later became one of this country's best-known legal eagles, and was a sparkling personality and somewhat controversial figure on the sports scene. The long-time president of the Singapore Rugby Union played on the Singapore Cricket Club rugby team and also captained its cricket team for several years. But he had left Singapore at 7 to go to school in England. And stayed there for 11 years, going later to Oxford University where he shone at cricket and rugby and qualified as a lawyer.

'I had some happy days at Matilda House when I returned just before the war,' he said. 'Then went off again.' He spent much of the war in the Indian Army, stationed at the north-east frontier. He said matter-of-factly: 'Those places they mention in Afghanistan these days... they are all familiar to me.' Immediately after, he returned to England, was called to the Bar in London and came back here to practise as a lawyer.

'I was also newly-married then,' he said. 'And we set up home in Matilda House.' Those halcyon days, when he was a 'workaholic lawyer', avid sportsman, young husband and father were evidently the happiest. His two children from that first marriage - Mary, now 48 and Charles, now 46 - spent their first years in the house. Later his brother, Mr Joseph Cashin, also a prominent lawyer here, took over the house with their mother and sister.

They were asked to leave about 10 years ago and the house has lain empty, falling slowly into ruin.

Mr Cashin himself had left Singapore by the late 1980s, settling in Italy with his second wife. But when that marriage was over, he returned here, to Murphy and Dunbar, the old law firm he'd been a partner in. It was dissolved in 1996 and he started his own firm. He is only semi-retired now, still taking the odd case. And is now married to Lily Cashin - also a lawyer. They now have their law firm together. And with his siblings and children all living abroad, he's the only Cashin left in Singapore now.

Seeing Matilda House after all these years was an emotional experience. There's regret at the state of disrepair it has fallen into, but that's tinged with a measure of satisfaction. He said: 'I'm happy that the house will still be standing. But I hope it will be used well.'




See also


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http://en.wikipedia.org/wiki/Matilda_House


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http://groups.yahoo.com/group/Sg_Review/message/3041

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To: REACH
cc: ST Forum Editor
cc: Today
cc: Han Fook Kwan - SPH
cc: PM Lee Hsien Loong
cc: sg_review
cc: Opposition MPs/NCMP

8 Jan 2007

I refer to the letter in today's ST, "Cashin Mansion in our urban village".

While doing a search, I came across the Cashin family and some of their
properties in Singapore, one of which was reportedly in Haig Road ("...Cashin was born in their mansion in Haig Road, now no longer in existence.").

1) Is the "Cashin Mansion" at 23 Amber Road named after the Cashin family which appears to have quite substantial holdings of properties in Singapore?

2) Is this another nail in the coffin in Singapore's "de-colonialisation" drive, despite its "historic and architectural importance" , even though Mr Cashin and his off-springs may well be true blue Singaporeans? (This refers to recent comments in the press about re-naming many of Singapore's roads bearing "insignificant" colonial officials/settlers, a discussion started by SM Goh Chok Tong. It is noted "Cashin Street" is also named after the senior Cashin).

3) By the way, what is happening to the "Matilda House" in Ponggol (if it is still around), probably one of many of Mr Cashin's properties reportedly acquired under the government's Land Acquisition Act on the cheap (how much was it acquired for - ten cents per sq ft during those days when pricing was done without any reference to "market rates"?). How many of Mr Cashin's properties have been compulsorily acquired under the Land Acquisition Act - in the name of "national development"?

4) If the acquisitions had been substantial, isn't the Cashin family a more significant contributor to the national development of Singapore than many of present-day Singaporeans, since many of their properties were "sacrificed" for the good of Singapore?

5) Does it mean that roads and buildings named after Mr Cashin are less deserving than roads/buildings named after Mr Lee Kuan Yew or Mr Goh Chok Tong (if the government so decided later)? Did the families of Mr Lee and Mr Goh contribute any land to the state (cheaply, I must add) in its "national development" years?

6) If this piece of property has been turned into public housing (HDB flats) in the Ponggol area, what is the value placed on the land when HDB sells its flats to the citizens? There were recent exchanges of letters in the Straits Times on how the govenment prices its land - "Raffles Place" price used as benchmark reportedly claimed by Mr Ngiam Tong Dow in his recent book - refer letter in Straits Times, 1 Jan 2007, 'Did HDB land pricing use Raffles Place as rule?' - even if they were acquired very cheaply under the Land Acquisitions Act.


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Mr Cashin didn't cashin on the property while he could......
 
i thought the govt can buy land for 1 cent or 1 dollar how come they would pay 300 million?
 
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How many of Mr Cashin's properties have been compulsorily acquired under the Land Acquisition Act - in the name of "national development"?


Just another case of legalised theft by the PAP. Since there's not much land left in privates hands I wonder what they'll do next to get $$$ :confused:
 
In the 1980s, I remember going to that house on Sundays when the vintage car club (MSVCR) had its gathering. Beautiful house and sprawling compound.
 
Another lancheow thread giving misleading info..the 2.7 acre site was worth $300 million not sold yet. Not the house.What an idiot.
 
Cashin has lovely house at the end of Lim Chu Kang facing the Johor Straits. It has a rotunda about 20m into the sea linked by a walkway. A quiet retreat.
 
Cashin has lovely house at the end of Lim Chu Kang facing the Johor Straits. It has a rotunda about 20m into the sea linked by a walkway. A quiet retreat.

This is the house
5202028468_1e24a247bd.jpg


5201430313_7631379c57.jpg
 
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