Former minister Mah Bow Tan makes headlines with the sale of his luxurious Good Class Bungalows, sparking intrigue and awe amongst Singaporeans. Find out more here!
Former minister Mah Bow Tan recently made waves in the real estate market with the sale of his exquisite Good Class Bungalows (GCBs). The first of these extravagant properties, located in Holland Rise, was sold at a staggering $50 million. This Good Class Bungalow sits on an impressive 28,376 sq ft, freehold site, boasting a transaction price that reflects a lavish $1762 per square foot.
In a previous sale back in August 2023, Mah Bow Tan parted ways with another remarkable GCB also spanning 28,376 sq ft. This luxurious house, situated off Holland Road, was originally purchased by the former minister in 1992. The sale of this opulent property further solidified Mah Bow Tan's reputation as a prominent figure in Singapore's real estate scene.
The transactions involving Mah Bow Tan's GCBs have captured the attention of many, shedding light on the extravagant lifestyle of the former minister. With each sale, the allure and grandeur of these prestigious properties become more evident, leaving onlookers in awe of the opulence displayed.
Former Minister Mah Bow Tan's GCB sales showcase not only his keen sense of investment but also his flair for extravagant living. The exorbitant prices and prime locations of these properties underscore the premium status of Good Class Bungalows in Singapore's exclusive real estate market.
The Good Class Bungalow sits on a 28376 sq ft, freehold site. The transaction price of $50 million reflects a price of $1762 psf.
The 28,376 sq ft (2,636.22 sq meters) house was previously bought in 1992 by the minister, the report also stated. The GCB is located off Holland Road in ...
Former Minister for National Development Mah Bow Tan has reportedly sold his Good Class Bungalow (GCB) off Holland Road for $50 million.