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Shanda gaming empire co-founder buys GCB

Singaporean Chrissy Luo, wife of Chen Tianqiao, pays S$23 million for two-storey bungalow along Cable Road

Singapore

THE Chinese turned Singaporean co-founder of Shanda Group is understood to have picked up a Good Class Bungalow (GCB) along Cable Road for S$23 million.

The price works out to S$1,518 per square foot (psf) based on the freehold land area of 15,148 square feet.

Chrissy Luo, who bought the bungalow in trust, is the wife of Chen Tianqiao. The couple, who now reside in Singapore, in 1999 founded Shanda Interactive Entertainment Limited, which expanded to a big-time online entertainment developer...

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