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Mah Bow Tan, former Minister for National Development who retired from politics in 2015, sold his Good Class Bungalow (GCB) at Holland Rise last August. The 28,376 sq ft freehold site is on a quiet street at Holland Rise with just a handful of GCBs. It is just off Holland Road in prime District 10. According to a property title search, Mah purchased the property in 1992.
In the latest transaction, Mah's GCB on Holland Rise was sold to Wang Qianqian, a Chinese-turned-Singapore citizen, who purchased it for $50 million ($1,762 psf). Based on the transfer document, the contract was signed in April 2023, with the deal completed in August last year.
Wang's address in the property title is a GCB at Leedon Park, also in prime District 10. A further property title search shows that the GCB at Leedon Park sits on a freehold site of 21,584 sq ft and was purchased by her brother, Wang Tianlong, for $37.3 million ($1,728 psf) in January 2021. The Wang siblings are said to be in their early-30s.
https://www.google.com/amp/s/www.ed...sells-good-class-bungalow-holland-rise-50-mil