Singapore Law Minister's Home Sale to Mystery Buyer
Tenfold profit raises questions
By: Andy Wong Ming Jun
Singapore’s Law and Home Affairs Minister K. Shanmugam quietly sold off his ultra-exclusive “Good Class Bungalow” at 6 Astrid Hill more than a year ago for a whopping S$88 million (US$67.5 million) to an anonymous buyer under a trust managed by UBS Trustees (Singapore) Ltd for a profit 10 times the original value and ranking as one…
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