Singapore has become quite the hotspot for overseas celebrities to splurge on property. A few months after Hongkong veteran actor Benz Hui was revealed to own a S$4mil house in Yishun, The Business Times reported that tycoon Huang Youlong, who is the husband of Chinese star Vicki Zhao, has bought a penthouse near Orchard Road.

Youlong was said to have spent S$27.65mil on the unit, which is located on the 29th and 30th floors of an Ardmore Park condominium not far from the Shangri-La Hotel and the country’s most famous shopping belt.

The 43-year-old businessman is believed to have made the purchase in trust and listed his daughter with Vicki, April Huang, as the beneficiary, which means the penthouse could belong to the 10-year-old when she’s older.

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