A look at Stanley Ho's foray into high-end Singapore property

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It was like buying a Lamborghini and not letting people know about it.

First, there was frenzied anticipation over who would be buying a $145 million bungalow in Cuscaden Road, part of Singapore’s affluent Orchard district, in 2016.

Then mystery, as the identity of the buyer was not revealed for a week, said ERA Realty head of research and industry veteran Nicholas Mak. “A Singapore developer would have announced it. But maybe it’s his style,” Mak said.

The buyer was Stanley Ho, the high-profile billionaire owner of glitzy casinos in Macau, who died on May 26 in Hong Kong. The mansion was sold by the late Tan Hoon Siang, great-grandson of well-known local philanthropist Tan Tock Seng, who had bought the freehold property for S$18,591 in 1949.

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