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China Billionaire Gordon Tang Yigang & Wife Celine Tang Son Tang Jialin Buys Singapore Good Class Bungalow (2nd Avenue, Bukit Timah) for $41 Million (S$53 Million) from Neon Group CEO Ron Tan, Tang Jialin is Singapore Citizen & is CEO of SingHaiyi Group and Tang Organization (Shareholders Gordon Tang Yigang & Celine Tang), Acquired Singapore-Listed SingXpress Land in 2012 & Renamed as SingHaiyi Group in 2016 (Appointed ex-United States President George Bush Brother Neil Bush as Non-Executive Chairman), Gordon Tang Yigang & Celine Tang Buyout SingHaiyi Group at $365 Million (S$493 Million) Valuation & Construction Firm Chip Eng Seng at $433.5 Million (S$588 Million) Valuation in 2022

5th September | Hong Kong

China billionaire Gordon Tang Yigang & wife Celine Tang son Tang Jialin has bought a Singapore Good Class Bungalow (2nd Avenue, Bukit Timah) for $41 million (S$53 million) from Neon Group CEO Ron Tan.  Tang Jialin is a Singapore citizen, and is CEO of SingHaiyi Group and Tang Organization (Shareholders Gordon Tang Yigang & Celine Tang).  In 2012, Gordon Tang Yigang & Celine Tang acquired Singapore-listed SingXpress Land, and renamed as SingHaiyi Group in 2016 (Appointed ex-United States President George Bush brother Neil Bush as Non-Executive Chairman).  In 2022, Gordon Tang Yigang & Celine Tang buyout SingHaiyi Group at $365 million (S$493 million) valuation, and construction firm Chip Eng Seng at $433.5 million (S$588 million) valuation.  SingHaiyi – Anchored on robust principles and decades of industry expertise, SingHaiyi is an award-winning, multi-disciplinary real estate company with global presence.  Formerly listed on the Mainboard of the Singapore Exchange, SingHaiyi’s merger with CEL Development created a powerhouse forged on operational know-how, collective capabilities, and an unparalleled network to unleash efficiencies and unlock opportunities.  Our growth is fuelled by our diversified portfolio across property development, investment, hospitality and management services, spanning Singapore, Australia/New Zealand, United States, Malaysia and The Maldives. From an established track record in residential property development to income-generating commercial and hospitality assets, SingHaiyi delivers value across all sectors and geographies.  Helmed by an astute management team with in-depth local knowledge and broad industry insights, SingHaiyi possesses the foresight, confidence and agility to tap into unique investment opportunities in Singapore and overseas.  Our philosophy 精誠存信 佳業傳承 is the foundation of SingHaiyi, guiding the way we think, behave and work. We act with sincerity and honesty, developing trust and credibility. Authenticity, reliability and ethical conduct guide our decisions in building lasting communities.  The importance of upholding these standards, values, and achievements of our businesses and passing them on to future successors is paramount to us.  At SingHaiyi, we are building legacies, not just developments. Our focus on sustainability and quality ensures every real estate project stands the test of time and lasts for generations.”

China Billionaire Gordon Tang Yigang & Wife Celine Tang Son Tang Jialin Buys Singapore Good Class Bungalow (2nd Avenue, Bukit Timah) for $41 Million (S$53 Million) from Neon Group CEO Ron Tan, Tang Jialin is Singapore Citizen & is CEO of SingHaiyi Group and Tang Organization (Shareholders Gordon Tang Yigang & Celine Tang), Acquired Singapore-Listed SingXpress Land in 2012 & Renamed as SingHaiyi Group in 2016 (Appointed ex-United States President George Bush Brother Neil Bush as Non-Executive Chairman), Gordon Tang Yigang & Celine Tang Buyout SingHaiyi Group at $365 Million (S$493 Million) Valuation & Construction Firm Chip Eng Seng at $433.5 Million (S$588 Million) Valuation in 2022 “

 



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China Billionaire Gordon Tang Yigang & Wife Celine Tang Son Tang Jialin Buys Singapore Good Class Bungalow (2nd Avenue, Bukit Timah) for $41 Million (S$53 Million) from Neon Group CEO Ron Tan, Tang Jialin is Singapore Citizen & is CEO of SingHaiyi Group and Tang Organization (Shareholders Gordon Tang Yigang & Celine Tang), Acquired Singapore-Listed SingXpress Land in 2012 & Renamed as SingHaiyi Group in 2016 (Appointed ex-United States President George Bush Brother Neil Bush as Non-Executive Chairman), Gordon Tang Yigang & Celine Tang Buyout SingHaiyi Group at $365 Million (S$493 Million) Valuation & Construction Firm Chip Eng Seng at $433.5 Million (S$588 Million) Valuation in 2022

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