Housing Market

8 GCBs Owned By Famous CEOs & Bosses In Singapore

11 May 2022 | BY

There’s no harm in living vicariously through the rich. Here are 8 good class bungalow owners, and their not-so-humble abodes.

GCBs

Good class bungalows (GCBs) are the crème de la crème of the Singapore property market and way out of the leagues of ordinary men. As the prime category of properties that are also appreciating assets that can yield 2-4 fold in a couple of decades, it’s no surprise then that these homes belong to some of the richest and most prominent figures in local history. 

Let’s take a closer look at these 8 good class bungalow owners, and the price they paid for their not-so-humble abodes.

1. Razer CEO Tan Min-Liang’s GCB on Third Ave

good class bungalow
Image adapted from:
Google Maps

Owner: Tan Min-Liang
Price: $52.8M | $1,708psf
Land area: 30,954sqft
Location: Third Ave

First up on the list, we have Tan Min-Liang, the founder of American-Singaporean mega tech company Razer Inc.. As someone who calls, California, Singapore and Taiwan home, Min-Liang made the headlines last year when he purchased his $52.8M home along Third Ave.

2. TikTok CEO Shou Zi Chew’s GCB along Queen Astrid Park

good class bungalow
Image adapted from:
Google maps

Owner: Chew Shou Zi
Price: $86M | $2,700psf
Land area: 31,800sqft
Location: Queen Astrid Park

Queen Astrid Park is one GCB residential estate in Singapore that houses some of the island’s most ostentatious homes, with one belonging to TikTok CEO Shou Zi Chew. The 31,800sqft home was also purchased in mid-2021, with a transacted price of $86M. 

The house is set for a total overhaul, and naturally, we’re already itching to see the final outcome. 

3. Crypto Billionaire Zhu Su in Bukit Timah

good class bungalow
Image adapted from:
Google maps

Owner: Zhu Su
Price: $48.8M | $1,532psf
Land area: 31,800 sqft
Location: Yarwood Avenue in Bukit Timah

Singaporean billionaire Su Zhu is one of the lesser-known names on the list, but that doesn’t make him any less of a formidable force. As the co-founder of Three Arrows Capital who amassed his fortune from diving headfirst into cryptocurrency, the current permanent resident has purchased this epic $48.8M home in Yarwood Avenue in his 4-year-old’s name. 

4. Secretlab co-founder Ian Ang in Caldecott Hill Estate

good class bungalowImage adapted from: Google maps

Owner: Ian Ang
Price: S$36M | $1,537psf
Land area: 31,800sqft
Location: 27 Olive Road in the Caldecott Hill Estate

If you’re someone who traded in your ordinary bedroom chair for a Secretlab gaming chair, then your humble order was one of the millions that contributed to Secretlab co-founder, Ian Ang’s large nett worth. At just 30 years old, Ian is the proud owner of a 23,424-sqft GCB that sits in the Caldecott Hill Estate.

good class bungalow
Image credit: EdgeProp Singapore – Samiel Isaac

The GCB offers panoramic views of Singapore’s cityscape and comes with an expansive and private garden space and pool. While the home retains most of its 1940s charm, Ian has plans for a complete renovation.

5. Grab CEO’s wife Chloe Tong in Bin Tong Park

good class bungalow
Image adapted from: Google Maps

Owner: Chloe Tong
Price: $40M | $1,849psf
Land area: 21,637sqft
Location: Bin Tong Park

Holland village is known for its chill vibes and beautiful homes, and this 31,800sqft GCB is one fine example. Purchased by Chloe Tong, the wife of Grab’s CEO Anthony Tan in 2021, the $40M GCB in Bin Tong Park has all the makings of a luxe, countryside holiday home, yet it is set to be torn down and rebuilt.

6. Dyson founder in Bukit Timah

good class bungalow
Image credit: Arch Daily

Owner: Sir James Dyson
Price: $45M | $3,311psf
Land area: 15,100sqft
Location: 50 Cluny Road, Bukit Timah

While most of the GCB owners on this list have grand plans to redevelop their purchased homes, Sir James Dyson is one buyer who is celebrating the home that he’s got.

good class bungalow
Image credit:
Guz Architects

This Cluny Road home is quite an architectural delight with its fluid infinity pool and water features, definitive angles, and glass spiral staircase feature that strangely resembles the Dyson vacuum’s motor.

7. HaiDiLao founder’s GCB on Gallop Road

good class bungalow
Image adapted from: Google Maps

Owner: Zhang Yong
Price: $42M | $1,940psf
Land area: 21,649sqft
Location: Gallop Road

It’s almost as if 2021 was the year for GCB purchases, and closing that good year was Mr Zhang Hanzhi’s $42M Gallop Road GCB purchase. Mr Zhang Hanzhi is the son of hotpot chain Haidilao’s chairman, Mr Zhang Yong.

The home, which sits in a blind alley, fetched a record-breaking psf price of $1,940 for that estate and was designed by the folks of K2LD Architects. 

8. Yun Nam Hair Care Boss Andy Chua at Old Holland Road

good class bungalow
Image credit: Asia One

Owner: Andy Chua of Yun Nam Hair Care
Price: $33M | $1,108psf
Land area: 29,800sqft
Location: Brizay Park off Old Holland Road

With its 9 outlets around the island, Yun Nam is a brand name synonymous with hair care that most of us have grown up hearing. Back in 2016, Andy Chua, the chairman of Ames United – which has Yun Nam Hair Care, along with a slew of other beauty and wellness brands under its belt – put down a $33M GCB along Brizay Park.

good class bungalow
The home is currently under construction.
Image adapted from: Google Maps

What’s interesting about this purchase is that Andy also owns the GCB next door, and construction has already begun to merge both properties to make one massive home. 

Good Class Bungalows and their famous owners

Even though these GCBs are way out of the home budgets we’ll ever have in our lifetimes, it’s always fun to live vicariously through the rich and famous. With most of the GCBs on this list set for a full makeover, we’re waiting in anticipation to see just how magnificent these homes will look in a couple of years.

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