A high-end duplex apartment previously owned by Chinese actress Vicki Zhao and her former husband, Huang Youlong, did not receive any offers at an auction even though it was listed with a 32% reduction.
The present owner of the apartment set a starting bid of HK$49 million (US$6.3 million) during an auction handled by AA Property Auctioneers on Wednesday, yet failed to attract any bidders, according to reports.
South China Morning Post
reported.
Zhao and Huang, who
declared their separation towards the end of last year
It was supposedly purchased in 2012 for HK$72 million and then resold in 2020 for an unspecified amount.
This apartment covers an area of 3,494 square feet (approximately 324 square meters) and includes four bedrooms as well as two parking spots. Situated within the upscale residential complex known as The Westminster Terrace in Tsuen Wan, part of the New Territories region.
Completed in 2009, this property consists solely of duplex units generally spanning between 2,400 to 3,400 square feet, although certain penthouse units can go as far as 6,500 square feet.
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Chinese actress Vicki Zhao. Image sourced from Instagram. |
The sale occurs amid Huang, a 48-year-old businessman born in China and based in Singapore, who has faced numerous legal issues. These include an Interpol red notice and an arrest in France, along with being sanctioned and placed on a blacklist by Chinese market regulators.
Dimsum Daily
.
He has faced a lawsuit claiming he leased a unit featuring six parking spots at The Westminster Terrace starting from August 2020 but stopped paying rent as of May 2022.
Huang and Zhao tied the knot in 2008. At 48 years old, Zhao became well-known across China after starring in the widely acclaimed television series “My Fair Princess.” This role not only made her a familiar face but also bestowed upon her the moniker of “national goddess.”
She was equally recognized for her shrewd investments; in 2015, Forbes dubbed her “the planet’s richest actively working actress.” Both she and Huang enjoyed significant gains from their activities in the Chinese stock market.
In 2018, their enterprise started to falter after the China Securities Regulatory Commission levied a penalty and prohibited stock trading.
In 2021, Zhao found herself on the blacklist of Chinese authorities, leading to the withdrawal of her television series and movies from various online platforms. Following this incident, she has maintained a relatively private presence in the public eye.
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