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Alcho
02-22

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🎁Comment on Jack Ma’s Wife Bought 3 Prestige Properties in Singapore

THE wife of Alibaba Group co-founder Jack Ma has bought three adjoining shophouses on Duxton Road in the Tanjong Pagar area. Zhang Ying, a Singapore citizen, paid about S$45 million to S$50 million for 70, 71 and 72 Duxton Road. According to The Business Times understands. The properties are on commercial-zoned sites with 99-year leasehold tenures starting from September 1988, leaving a balance term of about 63.5 years. Prices for street houses in Singapore have soared to a record high of 5,500 Singapore dollars (approximately US$4,000) per square foot, twice the price of Fifth Avenue in Manhattan, the world's most expensive shopping street. This is not the first time for Jack Ma invests in Singapore, In 2019, Ma reportedly planned to build a two-story bungalow at Victoria Park Close in Singapore at an unknown price. The Super Rich Are Choosing Singapore as the World’s Safest Haven? Questions for Tigers: What motivated the rich person to invest in Singapore? What impact might this investment have on the local real estate market in Singapore? Were there any particular factors or trends in the Singapore real estate market that influenced rich person‘s investment decision?

🎁Comment on Jack Ma’s Wife Bought 3 Prestige Properties in Singapore

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The properties are on commercial-zoned sites with 99-year leasehold tenures starting from September 1988, leaving a balance term of about 63.5 years.</p><p>Prices for street houses in Singapore have soared to a record high of 5,500 Singapore dollars (approximately US$4,000) per square foot, <strong>twice the price of Fifth Avenue in Manhattan, the world's most expensive shopping street.</strong></p><p>This is not the first time for Jack Ma invests in Singapore, In 2019, Ma reportedly planned to build a two-story bungalow at Victoria Park Close in Singapore at an unknown price.</p><h2 id=\"id_1500444699\" style=\"text-align: start;\">The Super Rich Are Choosing Singapore as the World’s Safest Haven?</h2><h3 id=\"id_1141865030\"><span style=\"color:#E67E23;\" class=\"color-mark\">Questions for Tigers:</span></h3><ul><li><p>What motivated the rich person to invest in Singapore?</p></li><li><p>What impact might this investment have on the local real estate market in Singapore?</p></li><li><p>Were there any particular factors or trends in the Singapore real estate market that influenced rich person‘s investment decision?</p></li></ul><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/76f3fbd94a3d0397caf5918c8ba8850b\" tg-width=\"2245\" tg-height=\"1587\"></p><p></p></body></html>","htmlText":"<html><head></head><body><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/1e421b50ec3561d9710c6c4c9c24ff7d\" tg-width=\"1080\" tg-height=\"1080\"></p><p>THE wife of Alibaba Group co-founder Jack Ma has bought three adjoining shophouses on Duxton Road in the Tanjong Pagar area.</p><p style=\"text-align: start;\">Zhang Ying, a Singapore citizen, paid about S$45 million to S$50 million for 70, 71 and 72 Duxton Road. </p><p style=\"text-align: start;\">According to <em>The Business Times </em>understands. The properties are on commercial-zoned sites with 99-year leasehold tenures starting from September 1988, leaving a balance term of about 63.5 years.</p><p>Prices for street houses in Singapore have soared to a record high of 5,500 Singapore dollars (approximately US$4,000) per square foot, <strong>twice the price of Fifth Avenue in Manhattan, the world's most expensive shopping street.</strong></p><p>This is not the first time for Jack Ma invests in Singapore, In 2019, Ma reportedly planned to build a two-story bungalow at Victoria Park Close in Singapore at an unknown price.</p><h2 id=\"id_1500444699\" style=\"text-align: start;\">The Super Rich Are Choosing Singapore as the World’s Safest Haven?</h2><h3 id=\"id_1141865030\"><span style=\"color:#E67E23;\" class=\"color-mark\">Questions for Tigers:</span></h3><ul><li><p>What motivated the rich person to invest in Singapore?</p></li><li><p>What impact might this investment have on the local real estate market in Singapore?</p></li><li><p>Were there any particular factors or trends in the Singapore real estate market that influenced rich person‘s investment decision?</p></li></ul><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/76f3fbd94a3d0397caf5918c8ba8850b\" tg-width=\"2245\" tg-height=\"1587\"></p><p></p></body></html>","text":"THE wife of Alibaba Group co-founder Jack Ma has bought three adjoining shophouses on Duxton Road in the Tanjong Pagar area. Zhang Ying, a Singapore citizen, paid about S$45 million to S$50 million for 70, 71 and 72 Duxton Road. According to The Business Times understands. The properties are on commercial-zoned sites with 99-year leasehold tenures starting from September 1988, leaving a balance term of about 63.5 years. Prices for street houses in Singapore have soared to a record high of 5,500 Singapore dollars (approximately US$4,000) per square foot, twice the price of Fifth Avenue in Manhattan, the world's most expensive shopping street. This is not the first time for Jack Ma invests in Singapore, In 2019, Ma reportedly planned to build a two-story bungalow at Victoria Park Close in Singapore at an unknown price. The Super Rich Are Choosing Singapore as the World’s Safest Haven? Questions for Tigers: What motivated the rich person to invest in Singapore? What impact might this investment have on the local real estate market in Singapore? 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