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Fri May 29, 2015, 05:19 AM

Millionaire at 26 with just one deal



A property agent who went into real estate against the wishes of her family has become an overnight millionaire after selling a penthouse at the Le Nouvel Ardmore for a record $51 million last month.

The deal would have reaped PropNex agent Shirley Seng a commission of about $1.5 million.

Ms Seng, 26, was reluctant to disclose details of the sale at the 43-unit freehold condo but confirmed that the transaction was completed last month after negotiations started in March.

The huge sale price - it is believed to be a record for a local penthouse - was paid by Mr Sun Tongyu, the co-founder of e-commerce giant Alibaba. Mr Sun is a Singapore permanent resident.

http://business.asiaone.com/property/news/millionaire-26-just-one-deal

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