Vincent Ong 6598531741

Good Class Bungalow of former HDB chairman sold

The freehold good class bungalow (GCB) of Lim Kim San, the Housing and Development’s Board’s (HDB) first chairman, has changed hands for $93.9 million.

The GCB was sold to a Singaporean member of the Tsai family from Taiwan. The Tsai family’s late patriarch, Tsai Wan-lin, was deemed by Forbes as Taiwan’s wealthiest individual during the time of his death in 2004.

– October 8, 2018

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