{"id":45474,"date":"2021-11-17T16:21:00","date_gmt":"2021-11-17T08:21:00","guid":{"rendered":"https:\/\/www.99.co\/singapore\/insider\/?p=45474"},"modified":"2022-06-13T17:31:39","modified_gmt":"2022-06-13T09:31:39","slug":"luxury-property-news-billionaire-deals-electric-wheels-superhero-buys","status":"publish","type":"post","link":"https:\/\/www.99.co\/singapore\/insider\/luxury-property-news-billionaire-deals-electric-wheels-superhero-buys\/","title":{"rendered":"Luxury Property News: Billionaire Deals, Electric Wheels, Superhero Buys"},"content":{"rendered":"
<\/div>

Despite political strife, protests and ongoing Covid restrictions cutting Hong Kong off from the outside world (unless you\u2019re Jamie Dimon or Nicole Kidman<\/a>), the city\u2019s high-end property market continues to thrive, reports the Financial Times<\/a>.<\/p>\n

A new Asian highest price PSF record was set last week when Wheelock \u2014 the real estate company owned by billionaire Peter Woo, Hong Kong\u2019s seventh-richest<\/a> person \u2014 sold two apartments at Mount Nicholson on The Peak (main image) for a combined HK$1.2 billion (SG$209 million).<\/p>\n

The apartments were sold to the same buyer, believed to have been from the mainland, with PSF amounting to a formidable HK$140,800 (SG$24,560). This deal came in the wake of Woo\u2019s Wharf Holdings renting out a home for HK$1.35 million (SG$226,800) per month, also a new Hong Kong record high.<\/p>\n

\"One<\/a>
Singapore CBD office building One George Street has changed hands.<\/figcaption><\/figure>\n

Another HK tycoon vending a costly piece of property recently was Richard Li, son of billionaire Li Ka-shing, Hong Kong\u2019s wealthiest individual<\/a>. The insurance arm of Richard Li\u2019s Pacific Century Group, FWD, and co-owner CapitaLand Integrated Commercial Trust sold Singapore office building One George Street for SG$1.28 billion.<\/p>\n

The buyer was identified as a joint venture of JP Morgan Asset Management and Nuveen Real Estate. FWD had acquired its 50% stake in the prestigious CBD block for SG$591.6 million in 2017, according to reports<\/a>.<\/p>\n

\"Tesla<\/a>
Investor Leo KoGuan, who has amassed one of the largest stakes in Tesla, says: “I believe in Elon’s great mission.”<\/figcaption><\/figure>\n

Singapore-based billionaire Leo KoGuan \u2014 who bought Singapore\u2019s largest penthouse<\/a>, at Guoco Tower\u2019s Wallich Residence, from James Dyson for SG$62 million a year ago \u2014 has revealed in an interview with Insider<\/a> how he amassed a US$7 billion (SG$9.5 billion) stake in Tesla. \u201cI\u2019m all in. Any money I have I spend on Tesla,\u201d KoGuan says.<\/p>\n

\"Tesla<\/a>
The number of Teslas on Singapore’s roads has increased exponentially since the marque launched here earlier this year.<\/figcaption><\/figure>\n

KoGuan is not alone splurging on Elon Musk\u2019s electric cars. You\u2019ve probably noticed a surge in the number of Tesla automobiles on Singapore\u2019s roads in recent months. Though Teslas only officially became available for sale here this year, it seems that numerous deliveries have been made of late.<\/p>\n

While Reuters reports<\/a> that just 30 were quietly navigating our streets in the first half of 2021, by the end of the third quarter, Singaporean owners had taken possession of a total 487 Teslas, according to Land Transport Authority data. The cars (which, including COE, cost Singaporean buyers about 4x their US sticker price) still comprise a mere fraction of the auto market, accounting for 1.4% of new car registrations in Singapore this year.<\/p>\n

\"Simu<\/a>
Newly-minted action star Simu Liu buys US$5 million Hollywood home. (Photo: Marvel Studios)<\/figcaption><\/figure>\n

An ultra-modern Tesla would look perfect parked up outside the new home purchased for US$5 million by China-born, Canadian-raised actor Simu Liu. The star of recent Marvel hit Shang-Chi and The Legend of The Ten Rings<\/em> (in cinemas and also now screening on Disney+<\/a>) has just acquired a contemporary abode on Mount Olympus in the Hollywood Hills. Though Liu plays a hero in the new Marvel franchise, his stylish 4,700 ft home is described as a \u201csupervillain-worthy lair\u201d in a report from Dirt.com <\/a>\u2014 full images at the link.<\/p>\n

\"Simu<\/a>
The modern Los Angeles home of Marvel star Simu Liu. (Photo: Redfin)<\/figcaption><\/figure>\n

–<\/p>\n

Well, do you think Simu Liu deserves his super-villain lair? Let us know in the comments section below or on our Facebook post<\/a>.\u00a0<\/b><\/h2>\n

If you found this article helpful, 99.co recommends 5 celebrity homes that you need to see (Hollywood edition)<\/a> and What has Leo KoGuan, who now lives in James Dyson\u2019s former penthouse in Guoco Tower, has to do with Tesla?<\/a><\/p>\n

Looking for a property? Find the home of your dreams today on Singapore\u2019s fastest-growing\u00a0property portal 99.co<\/a>! If you would like to estimate the potential value of your property, check out\u00a099.co\u2019s Property Value Tool<\/a>\u00a0for free. Meanwhile, if you have an interesting property-related story to share with us, drop us a message\u00a0here<\/a>\u00a0\u2014 and we\u2019ll review it and get back to you.<\/p>\n","protected":false},"excerpt":{"rendered":"

Despite political strife, protests and ongoing Covid restrictions cutting Hong Kong off from the outside world (unless you\u2019re Jamie Dimon or Nicole Kidman), the city\u2019s high-end property market continues to thrive, reports the Financial Times. A new Asian highest price PSF record was set last week when Wheelock \u2014 the real estate company owned by…<\/p>\n","protected":false},"author":118,"featured_media":45500,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_relevanssi_hide_post":"","_relevanssi_hide_content":"","_relevanssi_pin_for_all":"","_relevanssi_pin_keywords":"","_relevanssi_unpin_keywords":"","_relevanssi_related_keywords":"","_relevanssi_related_include_ids":"","_relevanssi_related_exclude_ids":"","_relevanssi_related_no_append":"","_relevanssi_related_not_related":"","_relevanssi_related_posts":"","_relevanssi_noindex_reason":"","_lmt_disableupdate":"no","_lmt_disable":"","_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[53589,57131],"tags":[56687,56835,56836,56837,56675,56838,56839,56840,56841,56842,56647,53680],"persona":[],"class_list":{"2":"type-post","21":"entry","22":"has-post-thumbnail"},"acf":[],"yoast_head":"\nLuxury 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