14 GCBs In Singapore & Their Crazy Rich Owners
For most of us, owning a landed home in Singapore is a pipe dream.
A Good Class Bungalow (GCB)? Only with our wildest fantasies.
While we’re still dreaming, some of Singapore’s richest people are already living large in these ultra-exclusive estates.
With price tags that can go over S$100mil, GCBs are only found in 39 designated areas on the island, across districts 10, 11, 20, and 23.
To qualify as a GCB, a property needs to be at least 1,400sqm capped at two stories though an attic and basement can be included.
Typically reserved for Singapore citizens, high-profile exceptions such as Dyson’s founder, James Dyson (who is a permanent resident) do exist.
According to the Ministry of Law, no foreigner has been given approval to buy a GCB since 2021.
With such strict conditions, here are 14 individuals who own a coveted piece of gold-standard real estate here.
Coming in at #31 on Forbes’ 2024 list of Singapore’s 50 Richest, Razer co-founder Tan Min-Liang, 47, made headlines in 2021 for snapping up a S$52.8mil GCB along Third Avenue.
Yes, Senator he’s Singaporean.
Yes, he’s rich.
And yes, he owns a GCB in Queen Astrid Park.
The 42-year-old reportedly paid S$86mil for a 31,800 sq ft estate. The number of the building is hush-hush, but come on, we all know Queen Astrid Park is where Monopoly Singapore dreams go to live.
Once Mediacorp’s stomping ground, the nearby area is now home to Ian Ang, the 33-year-old co-founder of Secretlab.
He allegedly dropped S$36mil on a 23,424 sqft GCB at 27 Olive Road.
Not bad for someone who started out just trying to make a comfier gaming chair.
In 2021, Chloe Tong, wife of Grab CEO Anthony Tan, shelled out S$40mil for a sprawling 31,800 sqft GCB in Bin Tong Park, along the Holland Road area.
It is unclear why it was bought under her name and not Anthony’s.
But when your dad owns The Edge Media Group, and your husband runs Grab, you probably don’t need to explain your property portfolio.
The only foreigner on this list, the 78-year-old Singapore Permanent Resident, bought a 15,100 sqft home at 50 Cluny Road for S$45mil.
It reportedly features a glass spiral staircase that looks suspiciously like a Dyson vacuum motor.
Also worth noting that he once paid S$73.8mil for a penthouse at Wallich Residence and reportedly sold it at a loss.
Yes, billionaires do fumble.
Hotpot king Zhang Yong, 56, shelled out S$42mil for a 21,649 sqft GCB on Gallop Road for his son.
With over 1,300 restaurants globally, he’s clearly not sweating the price tag.
Tucked away in a blind alley, the property offers maximum privacy — perfect for hotpot heirs who prefer to stay under the radar
Andy Chua, the man behind Yun Nam Hair Care, bought a 29,800 sqft GCB at Brizay Park for S$33mil in 2016.
But here’s the kicker: he also owns the GCB next door and is currently merging both plots into one mega compound. A palace next?
When it comes to painting the town (and his mansion), Nippon Paint founder Goh Cheng Liang, 98, doesn’t hold back.
He reportedly paid a jaw-dropping S$93mil for a sprawling 101,550 sqft GCB at Garlick Avenue.
With that much land, at least he’s getting wholesale rates on the paint.
Fragrance Hotel CEO James Koh Wee Meng has snapped up not one, but two GCBs in Singapore.
The first, located at Lornie Road, was bought for S$24.8mil and spans 25,271sqft.
The second, a 29,435 sqft estate at Bishopsgate near the Botanic Gardens, is co-owned with his wife and cost a hefty S$65mil.
Safe to say, the man knows how to invest in both staycations and real estate.
You might not know the price tag, but you’ll definitely recognise this 30,138 sqft GCB at Jervois Hill — it’s shaped like the number eight, a symbol of prosperity in Chinese culture.
Owned by Hao Mart CEO Dr Tan Kim Yong, 64, the futuristic mansion went viral after his daughter, 987 DJ Germaine Tan, gave us a house tour back in 2020.
Even if the price is under wraps, the flex is crystal clear.
Sure, Rideout Road hasn’t had the best rep lately, but one walk through the area proves the homes here are, like it or not, are truly in a class of their own.
Sheng Siong co-founder Lim Hock Leng, 60, reportedly spent S$50mil on his 33,700 sqft GCB, and while the exterior keeps things modest, the interior is a different story.
The family’s Chinese New Year parties have also offered peeks into what looks more like a top-secret luxury bunker than a traditional home, with guests posting IG stories of its many rooms on social media.
Fun fact: insiders say Hock Leng specifically asked architects to design the house to blend seamlessly with the surrounding greenery—out of consideration for his neighbours.
James Sheng, one of the 18 co-founders of Alibaba and the brain behind the company’s iconic logo, is not only a proud Singapore citizen, he is a GCB owner.
The China-born entrepreneur bought a 25,130 sq ft Good Class Bungalow at Leedon Park, near Holland Road, for S$50mil.
Known as the 16th most expensive GCB in the Bukit Timah area, this 19,500 sqft property was originally bought for S$39.5 million by former Keppel CEO Choo Chiau Beng.
Now, 30-year-old Trapeze Rec Club founder Grant Wee, who also happens to be the youngest son of UOB CEO Wee Ee Cheong owns a share of it.
With that kind of family background and prime real estate, we are a little envious.
Self-made? Absolutely.
The 62-year-old martial arts icon, who became a Singapore citizen in 2009, shelled out S$20mil for a 22,723 sqft GCB in Binjai Rise.
Though Jet Li isn’t seen in Singapore much these days, his property's value has reportedly climbed—similar-sized bungalows in the area have recently fetched over S$30 million.
Seems like even when he's away, his real estate's are also capable of doing high kicks.
Photos: Uchify, Google Maps, tanminliangh/IG, EdgeProp Singapore – Samiel Isaac, Type0 Architecture, Tuan Sing Holdings Limited
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نيت نفر نيفرلاندر 23/06/2025
Jet Li Binjai Road
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