Bloomberg News

Secret Roast-Pork Recipe Tests Value of Real Estate

May 02, 2012

How much is a recipe worth? About $1.8 million, according to the owner of Kay Lee Roast Meat Joint, who boosted the sale price of her Singapore eatery by that amount when she put it on the market this year.

Betty Kong and her husband want S$3.5 million ($2.8 million) for their 60-plastic-stool establishment, a premium over the S$1.25 million assessed value of the site. Bloomberg's Haslinda Amin reports. (Source: Bloomberg)

Running time 01:47

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