SINGAPORE - The billionaire co-founder 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 $31 million.
The price works out to $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.
The property is in the Leedon Park Good Class Bungalow (GCB) Area.
Adapted from The Straits Times 21 July 2019