“Crazy Rich Indonesian Buys Luxury House in Singapore Next to Facebook Founder’s Residence”

CNN Indonesia

Tuesday, 25 Apr 2023 11:48 WIB

Jakarta, CNN Indonesia —

Crazy rich Indonesia reportedly bought a luxury house in Singapore with a value of up to 206.7 million Singapore dollars or IDR 2.3 trillion (assuming an exchange rate of IDR 11,194 per Singapore dollar).

As for the total number of residences purchased, there are three and are located in the Nassim Road area.

Although his identity is not yet known, this crazy rich will be neighbors with one of the founders of Facebook, Eduardo Saverin.

Previously, it was reported that Facebook Co-founder Eduardo Saverin bought a 84,500 square foot mansion on Nassim Road for 230 million Singapore dollars in 2019.

The purchase of housing by wealthy Indonesians is known through Mingtiadi, a company engaged in real estate/

Sales of the three residences are also considered to have broken the record for the highest recent purchase in Singapore.

“Even though it was 14 percent lower than the initial asking price for Cuscaden of S$239 million last September, this transaction was recorded as a new record high price,” wrote Mingtiadi.

Mingtiadi said the residence was purchased from Cuscaden Peak Investments, a company affiliated with the Singapore BUMN, Temasek Holding. Where the three luxury residences are located in the Nassim Road area.

In detail, these luxury residences each have two floors and have numbers 42, 42A and 42B in District 10. The price of the house is known to be 4,500 Singapore dollars per square foot.

(ldy/sfr)