Indonesian-Born Billionaire Picks Up Singapore Shophouse Hotel for $75M
21 Carpenter in Singapore’s Boat Quay area (Image: 8M Real Estate) An Indonesian-born, Ivy League-educated billionaire has acquired a 48-room hotel in the Boat Quay area near downtown Singapore, with market sources who spoke to Mingtiandi confirming a transaction price of S$100 million ($74.9 million). Leo KoGuan — a software…
bubmagApril 6, 2025