Crypto billionaire Zhu Su in early stage of buying S$49m GCB as trustee for 3-year-old
Zhu and wife recently granted option to buy Yarwood property as trustee for child; all 3 are Singapore citizens
Add BT as a preferred source
SINGAPOREAN crypto billionaire Zhu Su is understood to be in the early stage of buying a bungalow in Yarwood Avenue on 31,862 square feet of land for S$48.8 million.
The price works out to S$1,532 per square foot (psf) on the land area. On the 999-year leasehold site is an old 2-storey bungalow with 6 bedrooms that is understood to be leased currently. It is ripe for redevelopment.
Zhu and his wife, Tao Yaqiong Evelyn, who has a PhD in biology from the National University of Singapore, were recently granted an option to buy the Yarwood property, in the Kilburn Estate Good Class Bungalow (GCB) Area - as trustee for a nearly 3-year-old child.
TRENDING NOW
On the board but frozen out: The Taib family feud tearing Sarawak construction giant apart
Is it time to scrap COE categories for cars?
Thai and Vietnamese farmers may stop planting rice because of the Iran war. Here’s why
As more Asean states turn to Russia for fuel, will Moscow boost its influence in the region?
