September 2021

Loving couple in their sixties buys an HDB BTO Flat under Multi-Generation Priority Scheme (MGPS)

Mr and Mrs Loi were one of the first few families who moved to Punggol in 2003. After 18 years, having witnessed Punggol develop from a sleepy town into a bustling one, they moved to Bidadari to be close to family. The couple, both in their 60s, decided to purchase an HDB BTO flat at...

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What has Leo KoGuan, who now lives in James Dyson’s former penthouse in Guoco Tower, has to do with Tesla?

In October 2020, British inventor and billionaire entrepreneur Sir James Dyson sold Singapore’s largest penthouse at Guoco Tower’s Wallich Residence for S$62m – at a reported S$11.8m loss – to another billionaire, 66-year-old Leo KoGuan, the Indonesian-born, US-citizen tycoon. At the time, not much was known about the self-made businessman who’s taken over the prestigious...

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Kanye buys West Coast beach bunker for S$77.3 million

Musician, streetwear entrepreneur, potential 2024 US presidential candidate and self-professed “creative genius,” Kanye West has purchased a US$57.3 million house on California’s Malibu Beach, it was reported this week. The brutalist concrete residence, which was designed by top Japanese architect Tadao Ando, was built to the specifications of financier and art collector Richard Sachs, the...

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From High-flying Commando to Student Estate Agent… to Co-living Success

“I never, ever wanted to be in real estate,” says Eugene Lim, who spent 15 years in the business before founding coliving start-up, The Assembly Place. “The way it happened was, at about 23 years old, in my second year in university, I didn’t think my parents should be paying my fees. At that age,...

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What factors are necessary for a possible en bloc or collective sale?

Earlier in September 2021, Flynn Park at 18-22 Yew Siang Road went en bloc at S$371 million, making it the largest collective sale of the year. Brokered by Savills Singapore, the buyer (a joint venture between Hoi Hup Realty Private Limited and Sunway Developments Pte. Ltd) bought all 72 apartments at S$1,355 psf per plot...

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