Lee Myung-hee (이명희) hancinema.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hancinema.net Daily Mail and Mail on Sunday newspapers.
Nassim Road, Singapore
The exclusive area of Nassim Road in Singapore made headlines earlier this year, when the wife of a Singapore tech founder paid $128.8 million Singapore dollars (about US$96 million), for a house. The house in question was a Good Class Bungalow (GCB), known as one of Singapore’s most prestigious and expensive properties.
Historically, the prices of GCBs in Singapore can range anywhere from slightly over S$15 million to S$100 million. However, on average, prices of GCBs tend to fetch about S$30 million or more. GCB’s are only found in a handful of districts, with Nassim Road regarded as one of the top destinations for the properties. Dubbed the “crème de la crème” of Singapore’s residential address, Nassim Road is also known as the embassy row due to the numerous numbers of embassies setting there. The Embassy of Japan, Embassy of The Republic of Philippines and the Embassy of the Russian Federation are all located along Nassim Road.
Asia's Most Exclusive Residential Streets asiatatler.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from asiatatler.com Daily Mail and Mail on Sunday newspapers.
Most expensive house in Korea: Shinsegae chairwoman’s W30b residence |
An exterior of Shinsegae Group Chairwoman Lee Myeong-hee’s house in Hannam-dong, Seoul (Yonhap)
A Hannam-dong residence in central Seoul owned by Shinsegae Group’s chief retained its top position as the most expensive house in Korea, data showed Friday.
The value of Shinsegae chairwoman Lee Myeong-hee’s 2,862-square-meter house, as assessed by the government, was 29.53 billion won ($26.88 million), up 6.6 percent from this year. Lee is the younger sister of late Samsung Group Chairman Lee Kun-hee.
Previously, the house’s declared price surged by 59.7 percent on-year from 16.9 billion won to 27 billion won in 2019. It rose by an additional 2.6 percent on-year to 27.71 billion won this year.