HK-listed AAC Technologies co-founder buys Leedon Park home
S$31 million price tag for the bungalow works out to S$2,000 per square foot based on the freehold land area of 15,500 sq ft
Singapore
THE billionaire cofounder of Hongkong-listed AAC Technologies, which makes miniaturised components including speakers and microphones for mobile devices, is understood to be acquiring a bungalow along Leedon Park for S$31 million.
The price works out to S$2,000 per square foot (psf) based on the freehold land area of 15,500 sq ft. On the site is a two-storey bungalow, completed less than 10 years ago, which has five bedrooms and a swimming pool.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Property
US pending home sales jump in March to hit highest in the year
Blackstone strikes US$1.6 billion student housing deal with KKR
European real estate deals slump to lowest level in 13 years
Singapore Q1 industrial rents rise further as occupancy dips and prices fall: JTC
Condo resale volumes rebound in March; prices inch up 0.4%: SRX, 99.co
S$16.5 million deal at The Ritz-Carlton Residences tops Q1 gainers; seller reaps S$4.9 million profit