Wing Tai's Chairman cashes out on Singapore property with record sale

BusinessWeek, 9 Apr 2013
Wing Tai Holdings Ltd. (WINGT) Chairman Cheng Wai Keung is seeking a record S$300 million ($242 million) for a home near Singapore’s Orchard Road shopping belt, betting that developers may profit from dividing the site.
The 85,000-square-foot site on an elevated lot at 33 Nassim Road, near the city’s Botanic Gardens, includes a two-story home, swimming pool and tennis court, according to Jones Lang LaSalle Inc., the sole marketing agent   Full story

Related:
  1. Singapore Bungalow on Sale for S$300 Million by Wing Tai’s Cheng - San Francisco Chronicle
  2. Singapore Downtown Mansion for Sale at Record S$300 Million - Bloomberg