Jackie Chan makes S$3.7m from Tanjong Pagar building sale

(2011-06-21 01:12:07) 下一個

Actor Jackie Chan, who owns various properties in Singapore, has made S$3.7 million after selling The 50s entertainment complex in Tanjong Pagar.


According to a report from The Straits Times, Chan sold the building in April for S$12.5 million to a Singaporean friend who runs an investment company.


Having invested some S$8.8 million in the property in 1996, Chan made a profit of S$3.7 million from the transaction.


The report said that Chan had not planned to sell the property but his friend had repeatedly urged him and the actor finally agreed.


Chan is a familiar figure in the real estate market in Singapore, having acquired the former Jinriksha Station at the nearby 1 Neil Road for S$11 million in late 2007.


Recently, he and singer-songwriter Wakin Chau reportedly bought several apartments at the Twin Peaks condominium in Leonie Hill Road.


Chan purchased two one-bedroom units on one of the lower floors of the 35-storey project, while Chau acquired a unit on another floor.


Source : PropertyGuru – 21 Jun 2011

[ 打印 ]
閱讀 ()評論 (1)