Two other GCBs in Second Avenue and Third Avenue were sold in 2021 and 2023 respectively.
SINGAPORE - A third good class bungalow belonging to convicted Hin Leong founder Lim Oon Kuin has been put up for sale for $43 million, just seven months after his bungalow in the prime First/Third Avenue GCB area was sold for a little under $26.5 million.
The freehold two-storey detached house at 1K Tanglin Hill has a built-up area of about 8,110 sq ft and comprises 5+1 bedrooms, living and dining areas, as well as a swimming pool, a landscaped garden and a large car porch.Mr Samuel Eyo, managing director of Lighthouse Property Consultants, said the guide price of $43 million, or $2,751 per sq ft , is a fair price, given its prime location and limited supply.
In 2019, a former board member of Xiaomi Corporation paid $31.5 million, or $1,915 psf, for a bungalow with land area of 16,446 sq ft along Tanglin Hill in the Ridley Park GCB area.to the family of Mr Tan Yeow Khoon, former executive chairman of delisted logistics company Cogent Holdings. This translates to $1,671 psf for the freehold plot of 19,984 sq ft., or $1,818 psf – was among several Singapore properties under a High Court-ordered freeze of the Lim family’s assets.
– two cheating charges and one count of instigating forgery for the purpose of cheating – that proceeded to trial out of a total of 130 criminal charges.He faces a jail term of up to 10 years and will also be liable to a fine for each charge of cheating and forgery.
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