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BT Exclusive: Haidilao family gets option to buy S$42m bungalow in Gallop Road
That works out to S$1,940 psf based on the freehold land area. On the site is an old house that is ripe for redevelopment.
Mr Zhang and his wife, Shu Ping, are ranked by Forbes as Singapore's richest with a net worth estimated at US$19 billion.