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For Singapore's wealthiest, land is riches

Many property tycoons' land banks were built up mostly in the pre-independence days

BT_20150808_LMXTYCOON_1815500.jpg
LAND LEGACIES: Kwek Hong Png (above) and Ng Teng Fong stand out as pioneers of Singapore's private property market. Lee Kong Chian bought hectares of rubber land. They would have accumulated more land if the government had not introduced land acquisition.

BT_20150808_LMXTYCOON_1815500.jpg
LAND LEGACIES: Kwek Hong Png and Ng Teng Fong (above) stand out as pioneers of Singapore's private property market. Lee Kong Chian bought hectares of rubber land. They would have accumulated more land if the government had not introduced land acquisition.

BT_20150808_LMXTYCOON_1815500.jpg
LAND LEGACIES: Kwek Hong Png and Ng Teng Fong stand out as pioneers of Singapore's private property market. Lee Kong Chian (above) bought hectares of rubber land. They would have accumulated more land if the government had not introduced land acquisition.

Singapore

IF you're a member of Singa-pore's most wealthy club, there's a good chance you're also a property tycoon.

Several of Singapore's richest folks have their wealth rooted in real estate - thanks to a land bank built up mostly in the pre-independence days of Singapore.

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