$55 mil Good Class Bungalow part of police asset freeze
The GCB, owned by Alan Wei, is reportedly located at 12 Chee Hoon Avenue. (Photo: Samuel Isaac Chua/EdgeProp Singapore)
The Singapore police has issued a prohibition of disposal order against a Good Class Bungalow (GCB) valued at about $55 million, as well as seized about $1 million of funds in bank accounts under investigation.
The order effectively freezes the property from being sold or transferred.
This is in relation to an investigation into the movement of computer servers that might have contained Nvidia chips in contravention of US export controls.
The GCB in the freeze is said to be located at 12 Chee Hoon Avenue and is owned by Alan Wei, according to reports by CNA and The Straits Times.
Read also: Jervois Hill GCB for sale at $80 mil
View from the GCB's attic level. (Photo: Samuel Isaac Chua/EdgeProp Singapore)
Wei, who will be handed additional charges including one relating to the property, is chief executive of the Aperia group, which also faces fraud offences.
The GCB along Chee Hoon Avenue had been previously put up for sale in 2024. It has a land area of 15,486 sq ft with a 38m frontage and 38m depth.
Three persons — Wei, Aaron Woon, and Li Ming — had been charged with fraud by false representation in relation to purchases of servers in February 2025. A fourth person, Jenny Lim, was later charged in April 2026 in relation to this investigation.
On July 1, the police issued a news release on the seizure and prohibition of assets, as well as to state that Lim and Woon were handed additional charges for fraud and money laundering. Li was also handed additional charges including for fraud and fraudulent trading.
On July 6, Wei will face three additional charges for fraud and money laundering. These include one charge for converting property of about $55 million, which represents, in part, benefits from criminal conduct amounting to approximately $38 million for the purchase of a GCB.
At the time of the case, Wei, Lim and Woon were key officers of three companies under the Aperia group. Li was also the controller of another company, Luxuriate Your Life. These four companies similarly face related fraud offences.
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