March 31, 2025

Good Class Bungalow (GCB)

Banking

Singaporean daughter of Malaysian banking tycoon buys Tanglin Hill GCB for record S$93.9 million

Diona Teh Li Shian, the Singaporean daughter of late Malaysian banking magnate Teh Hong Piow, has purchased a Good Class Bungalow (GCB) in the prestigious Tanglin Hill area for S$93.9 million. The transaction sets a new record for GCB land sales in Singapore, with the purchase price translating to S$6,197 per square foot. According to

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