Secretlab gaming chair CEO acquires two properties for $51mil in a week

Within just a full week, video gaming seat firm Secretlab’s CEO Ian Ang attained 2 luxury properties for a totality value of $Fifty One mil, announced ST.

Specifically, the Twenty Eight year old co-founder of the functional chair retailer obtained a GCB among Caldecott Hill together with a penthouse alongside the Botanic Gdns.

Documents seen by The Straits Times projected that Ang was allocated an OTP the GCB in Olive Road for $36 mil by Danny Yong on 14Jun.

Danny is the CEO and also Founding Partner of SGP financial investment leader Dymon Asia Capital.

Ian, who is the youngest title-holder of the EY Entrepreneur of the Yr title, exerted the option on 24June.

The $36 million amount solves to $1thousand 5hundred 37 per sq ft based upon the spot’s 23.424K square ft range– exceling the last negotiated figure of $744 psf for a housing in Andrew Rd Nov’20.

“This is a highest psf fee for the Caldecott Hill GCB area,” claimed Lighthouse Property Consultants Managing Director Samuel Eyo.

“Having this purchase, it will definitely escalate the per square foot cost for GCBs across this section by at the very least ten%,” he beefed up as cited by ST.

He revealed that the home rises over ground, extending unblocked views of the greenery in the Mount Pleasant neighborhood furthermore the Singapore Polo Club.

Avenue South Residence condo

Straits Times marked that the warning for the 2nd free lease apartment– in which was a 5 bed rooms triplex walk up at Leedon Residence– was entered for $Fifteen mil on 28June.

For the pair of purchases, Ang was represented by CBRE Vice President of Non Commercial Stephen Ho, who said the procurements were certainly produced heeding a 2 year search further “meticulous concern”.

“The prime lure of the good class bungalow is the ground overall size together with the unblocked sight of the greenery and sky line, additionally the calmness and security the location produces,” he shared with The Straits Times.

Ho mentioned Ang plans to lodge at the 7,007 sq ft Leedon Residence loft, whereas the home will certainly be revamped.


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