Real Estate
Sea Billionaire’s Wife to Buy Singapore Mansion for $31 Million
- Li owns an adjacent plot near the Singapore Botanic Gardens
- Luxury property sales in the financial hub have slowed
The Botanic Gardens and Gallop Road area of Singapore.
Source: Google MapsThe wife of tech billionaire Forrest Li is set to acquire a mansion in one of Singapore’s most coveted residential areas, even as the luxury property market remains in a lull.
Ma Liqian filed an option in April to buy a so-called good class bungalow on Gallop Road for S$42.5 million ($31 million), according to documents seen by Bloomberg News. The house sits on a 1,552 square-meter (16,706 square-foot) plot of land.