{
  "id": 6060740,
  "title": "Singapore medicine group Eu Yan Sang's founding family sells bungalow for $31M",
  "url": "https://urgent.news/2026/09/06/singapore-medicine-group-eu-yan-sangs-founding-family-sells-bungalow",
  "topic": "business",
  "section": "Business",
  "published": "2026-09-06T23:28:00.000Z",
  "source": {
    "name": "VnExpress Business",
    "slug": "vnexpress-business",
    "url": "https://e.vnexpress.net/news/business/property/singapore-medicine-group-eu-yan-sang-s-founding-family-sells-bungalow-for-31m-5117079.html"
  },
  "original_language": "en",
  "account": "The Eu Yan Sang medicine group's founding family has sold their prized bungalow for $31 million, according to The Business Times. Richard Eu Yee Ming and his siblings David, Helena, and Geoffrey struck the deal, selling the two-story property for S$2,480.72 per square foot (US$21,045 per square meter). The 16,124 square foot (1,498 square meter) home sits on freehold land in Bishopsgate's Chatsworth Park Good Class Bungalow (GCB) Area, one of Singapore's most sought-after residential districts. GCB properties must adhere to stringent planning regulations, including a minimum land size of 1,400 square meters and a two-story height limit. The new owner is believed to be a member of Wee Siew Kim's family, co-president and representative executive officer of Nippon Paint Holdings, a global paint manufacturer. Eu Yan Sang, the Singapore-based company, traces its roots back to Eu Keng Mun, who established the business in 1879 after his grandfather, Eu Kong, emigrated from Foshan, China to Malaya.",
  "summary": "Members of the Eu family that founded Chinese medicine group Eu Yan Sang have sold a bungalow in central Singapore for S$40 million (US$31.5 million).",
  "key_points": [
    "Eu Yan Sang's founding family sells bungalow for $31M",
    "Property in Singapore's Chatsworth Park GCB Area",
    "New owner likely a Wee Siew Kim family member"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}