The current owner of the flat listed it at a reserve price of HK$49 million (US$6.3 million) at an auction conducted by AA Property Auctioneers on Wednesday, but could not find any buyers, the South China Morning Post reported.
Zhao and Huang, who announced their divorce late last year, reportedly acquired the property in 2012 for HK$72 million and sold it for an undisclosed price in 2020.
The flat spans 3,494 square feet (324-square-meter) and features four bedrooms along with two parking spaces. It is located at The Westminster Terrace luxury residential estate in Tsuen Wan, New Territories.
The estate, completed in 2009, comprises only duplex units typically ranging from 2,400 to 3,400 square feet, with some penthouses extending up to 6,500 square feet.
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Chinese actress Vicki Zhao. Photo from Instagram |
The sale comes as Huang, a 48-year-old Chinese-born Singaporean businessman, has been embroiled in various legal troubles, including an Interpol red notice and arrest in France, and sanctioned and blacklisted by market regulators in China, according to Dimsum Daily.
He has also been hit with a lawsuit accusing him of renting a unit with six parking spaces at The Westminster Terrace since August 2020 but had failed to pay rent since May 2022.
Huang and Zhao married in 2008. Zhao, also 48, rose to fame as a household name in China thanks to her breakout role in the popular TV drama “My Fair Princess,” which earned her the nickname “national goddess.”
She also gained recognition for her investment acumen, with Forbes naming her “the world’s wealthiest working actress” in 2015. She and Huang made substantial profits from the Chinese stock market.
Their business began to decline in 2018 following a fine and a ban on stock trading imposed by the China Securities Regulatory Commission.
In 2021, Zhao was blacklisted by Chinese authorities, resulting in the removal of her TV shows and films from online platforms. Since then, she has kept a low public profile.
