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Tragedy in Pakistan, Dream home in Sentosa, but will children do national service?

Force 136

Alfrescian (Inf)
Asset
Her father was shot dead by his own bodyguard. Her brother was abducted by armed gumen. Sara Taseer, daughter of the former governor of Pakistan’s Punjab province, Salmaan Taseer, however, feels happy and secure in her idyllic hideaway on a tiny island shaded by rainforests, visited by tourists and home to millionaires.

It is the only corner of Singapore where foreigners are allowed to buy land, albeit on 99-year leases. That is how she and her husband are now happy owners of a piece of the island, enough to build a dream home. After life in three cities in three continents, they have made their home in Sentosa Cove – and have every intention of staying on.

It’s a comeback for her. A Singapore returnee, the 43-year-old willowy, elegant banker-turned-jeweller was a student at the United World College here as a teenager. She went to the London School of Economics for further studies and then back to Pakistan to help her father run his businesses. In 1997, she married Pakistani financier Salman Shoaib, 46, a Brown University graduate. They lived in London, Hong Kong and New York, where she founded her own jewellery line, Sara Taseer Fine Jewellery. A trained economist who had been with Citibank in London and Rothschild in Hong Kong, she gave up banking when she became pregnant.

sara-taseer1.jpg



The couple, who also own property in New York and Pakistan, chose to raise their three children in Singapore because this is one place in Asia where English is widely spoken.

The land was still undeveloped when they bought the plot – just over 8,000 square feet – for $8 million in 2007. They commissioned local architects K2Ld to build their home when they moved in to Singapore three years later. The whimsical, slant-roofed three-storey house with a gleaming glass-and-wood façade and a swimming pool cost $4.3 million to build.

Tragedy struck during construction. Ms Taseer’s father was assassinated by his bodyguard in Islamabad in January 2011 because he opposed Pakistan’s blasphemy law.

A few months later, in August 2011, her brother, Shahbaz Taseer, was abducted by armed gunmen who surrounded his car and whisked him away in Lahore. His whereabouts remain unknown.

Last month, his wife, Maheen Taseer, a psychologist, wrote in Newsweek Pakistan a poignant account of her life since his abduction two years ago.

Her half-brother, Aatish Taseer, who alternates between Delhi and London, also did not hide his bitterness. The son of the Indian journalist Tavleen Singh, he wrote about his estrangement from his father in his book, Stranger to History (2009), and – after his father’s death – about religious intolerance in Pakistan.

Ms Taseer, too, worries about Pakistan. “I wonder if the youth of Pakistan will ever know the safe and peaceful Pakistan I grew up in,” she wrote on her Tweeter account recently.

But she can relax by her poolside at the back of her house in Sentosa Cove. Only a hedge separates it from a lush green golf course. “We feel extra safe here, so there was no need to build a house that keeps everyone out,” she told the Wall Street Journal.

“When you wake up in the morning, it’s like heaven,” she added in a rhapsody about the gorgeous view from the master bedroom on the second storey.

A portrait of John Lennon looks over the open-plan living room with a Greek marble floor. “There are few people whose faces you can live with, but Lennon is gentle and his song Imagine reminds me of why we are in Singapore, for the peace and quiet,” she said.

Feeling safe and secure, the family wanted to bring “the outdoors in” to their airy, ultramodern home. So there’s a passageway with a walk-in closet leading from the master bedroom to an indoor garden. It boasts a single tree, hoisted to the second storey by a crane. A parrot sometimes perches on the tree and squawks away.

The couple’s 10-year-old son has his room on the ground floor while they and their daughters occupy three of the four bedrooms on the second storey, leaving one aside as an extra sitting room. One floor up is a study with a slanted ceiling and a family sitting room with a stand-alone bar facing an outdoor deck with a ping-pong table. Further improvements are planned.

“One way to put roots down is to build your own house, which we never did elsewhere,” Mr Shoaib told the Journal. “But we moved to Singapore to settle down and we fully intend to grow old here.”

http://theindependent.sg/blog/2013/10/01/tragedy-in-pakistan-dream-home-in-sentosa/?fb_ref=recommendations-box-widget

BUT WILL THE KIDS CALL SINGAPORE HOME AND DO NATIONAL SERVICE OR RUN AWAY AGAIN AS RICH REFUGEES?
 

GOD IS MY DOG

Alfrescian (Inf)
Asset
Re: Tragedy in Pakistan, Dream home in Sentosa, but will children do national service

benefited from daddy's corruption lor...........
 

JohnTan

Alfrescian (InfP)
Generous Asset
Re: Tragedy in Pakistan, Dream home in Sentosa, but will children do national service

Pakistani politicians and civil servants theoretically paid a lot less than Sinkies'. But the Paks can afford homes on Sentosa based on their "low salaries". Still think our Sinkie politicians are too highly paid?
 

laksaboy

Alfrescian (Inf)
Asset
Re: Tragedy in Pakistan, Dream home in Sentosa, but will children do national service

Pakistani politicians and civil servants theoretically paid a lot less than Sinkies'. But the Paks can afford homes on Sentosa based on their "low salaries". Still think our Sinkie politicians are too highly paid?

A Sentosa home is nothing to shout about. The pappy ministers have their wealth stashed up in secret offshore accounts. :wink:
 

johnny333

Alfrescian (Inf)
Asset
Re: Tragedy in Pakistan, Dream home in Sentosa, but will children do national service

Pakistani politicians and civil servants theoretically paid a lot less than Sinkies'. But the Paks can afford homes on Sentosa based on their "low salaries". Still think our Sinkie politicians are too highly paid?

LKY is rumoured to be worth billions. We might never know his real worth because they scrapped the estate laws befire his wife upped the lorry.

I wonder how an honest civil servant became a billionaire:confused:
 

blissquek

Alfrescian
Loyal
Re: Tragedy in Pakistan, Dream home in Sentosa, but will children do national service

A Sentosa home is nothing to shout about. The pappy ministers have their wealth stashed up in secret offshore accounts. :wink:

Many ultra rich stash their wealth in Changi, Freeport...

At a minute notice, they can ship all their earthly possessions to another safe haven..

Remember Thaksin...he was able to scoot off and take with him his wealth.
The plane was parked ready for him at the airport.

Nor wonder, off and on he will come here for bak kut teh and at the same time stock check and count his assets.
 

makapaaa

Alfrescian (Inf)
Asset
Re: Tragedy in Pakistan, Dream home in Sentosa, but will children do national service

http://therealsingapore.com/content/mah-bow-tans-2020-vision

[h=1]MAH BOW TAN'S 20/20 VISION[/h]


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Post date:
5 May 2014 - 3:13pm









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Everybody and his dog are excited about Mah Bow Tan’s new found wealth. The newly-released 2013 annual report shows that Mah owns (as at 18 Mar 2014) 365,575,000 shares in Global Strategic Holdings Corporation (GSH Corporation) with a current market value of about $28 million.
Mah was a member of Parliament (MP) since 1988 and he was Cabinet Minister from 1991 to 2011. Assuming an average take-home of a million dollars per year, his government pay alone could easily add up to $20+ millions, without accounting for interest income and returns from other investments. So $28 million is not a big number for the elite crowd.
GSH’s original core business was in distribution (Apple, Tamron, Fujifilm, Corum, Noritsu, etc) – its corporate profile said it was established as distributors of IT, photographic, timepiece and healthcare products – until it diversified into property development in 2012. That’s the year when Mah was listed as the sixth largest shareholder in the annual report, with a holding of 165,000,000 shares. A year later, his shareholding jumped to 365,575,000 or $28 million based on a share price of 7.7 cents.
The interesting bit is GSH was trading at around 1 cent, not more than 2 cents per share in 2012. Assuming Mah paid 1 cent per share, his total buy-in – there was a 1-for-1 rights issue in May 2013 – could have been as low as $4 million. Now, that’s a foresight to die for.
Mah was National Development Minister from 1999 to 2011. Imagine if he had gone into private sector sooner, he could be one of Singapore’s many billionaires. Maybe he already is. Lee Kuan Yew did say his ministers could make much, much more in the private sector.

Tattler
* The writer blogs at singaporedesk.blogspot.com
 

Papsmearer

Alfrescian (InfP) - Comp
Generous Asset
Re: Tragedy in Pakistan, Dream home in Sentosa, but will children do national service

“When you wake up in the morning, it’s like heaven

when u have the money, you can wake up anywhere in the world and be surrounded by luxury and servants, it will be like heaven too. what a moron.
 
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