She paid $84 million for the property, a person familiar with the matter said, requesting not to be named because the information is private. The transaction was completed in mid-April.
The daughter of a Chinese nickel billionaire purchased a multimillion-dollar mansion in Singapore, adding to the list of wealthy people seizing buying opportunities during the market lull.
Xiang Yangyang, the daughter of Xiang Guangda, who owns Tsingshan Holding Group Co., the world’s largest nickel and stainless steelmaker, agreed to buy the 2,612 sqm (28,111 sq ft) house in the country’s Bin Tong Park enclave, according to a property record seen by Bloomberg News.
