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Tsingshan Holding Group Xiang Guangda s daughter buys GCB worth S$84 million at Bin Tong Park

Tsingshan Holding Group Xiang Guangda s daughter buys GCB worth S$84 million at Bin Tong Park
theindependent.sg - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theindependent.sg Daily Mail and Mail on Sunday newspapers.

Daughter of Chinese tycoon snaps up $84 million GCB in Bin Tong Park

A Good Class Bungalow (GCB) has exchanged hands once more - this time, it's to the tune of a whopping $84 million. The daughter of nickel-and-steel magnate Xiang Guangda recently purchased an $84 million GCB in Bin Tong Park, Bloomberg News reported on Wednesday (April 24). Xiang Yangyang, reportedly in her 30s, is a director at Rept Battero Energy, a.

Chinese Metal Tycoon s Heir Buys $62 Million Singapore Mansion

Chinese Metal Tycoon s Heir Buys $62 Million Singapore Mansion
bloomberg.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bloomberg.com Daily Mail and Mail on Sunday newspapers.

What s the big deal about Good Class Bungalows in Singapore?

Good Class Bungalows (GCB) have long been seen as a status symbol in Singapore and there are many near-mythical qualities associated with them. People whisper about how their values never fall, how every single one is like a gold mine, and how the government will never demolish them. Really? This begs the question: Do we put too much stock in.

What s with all the hype around Singapore s GCBs?

In a land-scarce country like Singapore, Good Class Bungalows (GCB) are highly respected as a legendary symbol of wealth and power – and with good reason. First introduced into Singapore and Malaya in the 1830s by the British, these majestic houses are commonly nestled in a vast swathe of land and surrounded by lush expanses of greenery. They’re seemingly large.

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