Property agent Raymond Lo, very good try.....your buyer offers more than $3m, but she needs to sort out her bank loan firrst.
Cum to me lah, I offer you $5m subject to my bank loan approval!
The couple have said they will accept offers of $2 million for just the recipe and lessons, but the bids so far have been for both the recipe and the premises.
By Jessica Lim
30/3/2012
The three highest bids received so far for Kay Lee Roast Meat Joint's recipe and shop space are $3 million, $2.8 million and $2.5 million.
But the 30-year-old eatery's owners - Madam Betty Kong, 66, and husband Ha Wai Kay, 62 - will not accept a cent less than the $3.5 million asking price.
Since the business was put up for sale two months ago, more than 60 parties have expressed interest. Senior property consultant Raymond Lo of Knight Frank, the real-estate broker handling
the sale, said no cheques have been received as yet.
The latest offer was made on Tuesday, by a woman who wanted to be known only as Mrs Ong. 'She offered to bring down a cheque for an amount of more than $3 million but said she
needed to sort out the loan first,' he said, adding that the next two highest bids were $2.5 million and $2.8 million.
Cum to me lah, I offer you $5m subject to my bank loan approval!
The couple have said they will accept offers of $2 million for just the recipe and lessons, but the bids so far have been for both the recipe and the premises.
By Jessica Lim
30/3/2012
The three highest bids received so far for Kay Lee Roast Meat Joint's recipe and shop space are $3 million, $2.8 million and $2.5 million.
But the 30-year-old eatery's owners - Madam Betty Kong, 66, and husband Ha Wai Kay, 62 - will not accept a cent less than the $3.5 million asking price.
Since the business was put up for sale two months ago, more than 60 parties have expressed interest. Senior property consultant Raymond Lo of Knight Frank, the real-estate broker handling
the sale, said no cheques have been received as yet.
The latest offer was made on Tuesday, by a woman who wanted to be known only as Mrs Ong. 'She offered to bring down a cheque for an amount of more than $3 million but said she
needed to sort out the loan first,' he said, adding that the next two highest bids were $2.5 million and $2.8 million.
