Former Xiaomi director paying S$31.5m for GCB in Tanglin Hill

Singapore

A FORMER board member of Xiaomi Corporation is paying S$31.5 million for an old bungalow along Tanglin Hill in the Ridley Park Good Class Bungalow (GCB) Area.

The price works out to S$1,915 per square foot on the freehold land area of 16,446 sq ft. The buyer - understood to be Koh Tuck Lye, who is also known as Xu Dalai - is expected to tear down the bungalo…