New price record set by property magnate Wee Thiam Siew’s family for Olive Road GCB at $50.2m

SINGAPORE – The family of the late property magnate and hotelier Wee Thiam Siew has purchased class bungalow (GCB) in Olive Road for $50.2 million, six months after they concluded the biggest residential land sale right here for the reason that July 2018 property cooling measures.

The Wee family offered freehold land plots in Thiam Siew Avenue within the Katong space in November final yr for $815 million.

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