Once priced at 300 million yuan, the estate of real estate tycoon Zhong Yizhuang's former residence is being sold by the industry administrator for one-seventh of its equity | Lianhe Zaobao
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Located in the luxury residential area on Orchard Road, the estate administrator will sell a one-seventh stake, with the specific asking price not disclosed. The area covers approximately 151,205 square feet and currently features a two-story villa and ancillary outbuildings, which were once the residence of a historical celebrity. The villa is jointly owned by the seven children of the late real estate tycoon Zhong Yizhuang. In 2022, this luxury estate was listed for approximately 300 million. ERA Realty is responsible for the exclusive marketing of this administrator sale
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