Li owns a 1,403 sqm land parcel next to the mansion, near the Singapore Botanic Gardens, a World Heritage Site. That was acquired in 2019, property records show.
The wife of tech billionaire Forrest Li is set to acquire a mansion in one of Singapore’s most coveted residential areas, even as the luxury property market remains in a lull.
Ma Liqian filed an option in April to buy a so-called good class bungalow on Gallop Road for $42.5 million, according to documents seen by Bloomberg News. The house sits on a 1,552 sqm (16,706 sq ft) plot of land.
