Vicki Zhao's Hubby Buys $28 Million Penthouse in Singapore
It is said that his daughter may be the beneficiary.
Chinese actress and Singapore PR Vicki Zhao has planted deeper roots here.
Her husband, Chinese businessman Huang Youlong, is said to have purchased a $27.65 million penthouse at Ardmore Park.
According to a Business Times report last Wednesday (May 6), Huang, also a Singapore PR, made the purchase as a trustee and his daughter may be the beneficiary.
The couple gave birth to their daughter in Singapore back in 2010.
It’s said that Huang, 43, bought the penthouse from Kishin RK, the chief executive of real estate acquisition and development company RB Capital.
Business Times wrote that Kishin granted Huang the option to purchase in April 2017 and it was exercised last month.
Jacqueline Wong, executive director at real estate service provider Savills Singapore, commented to Business Times that the $3,164 per square foot deal that was offered for the penthouse was noted to be “high” back in 2017.
However, that’s no longer the case now as prior to the COVID-19 outbreak, “a price of under S$3,200 psf would not be considered expensive for a freehold penthouse in District 10”.
The penthouse occupies the 29th and 30th floor, and is one of six in the development.
Huang is also said to own a four-bedroom unit within Ardmore Park in a different block. The development has three residential blocks.
Try Vicki’s wine in Singapore
In 2011, Vicki and Huang bought a luxurious vineyard Château Monlot, St-Emilion Grand Cru that is located in Bordeaux and reportedly dropped 4 million euros (S$6.05 million) on the seven-hectare property.
And her prized Chateau Monlot Bordeaux wine was first made available in Singapore in September last year after local actor Li Nanxing suggested that she sell it locally.
Vicki Zhao, 44, told local media then that while her wines have been exported over the world, she has “not really aggressively tried to sell it”.
She also confessed that she doesn’t expect everyone to drink her wine, but at least it’s available here.
This article was first published on AsiaOne and republished on theAsianparent with permission.