Malaysian billionaire spends $15 million in Perth's Mosman Park
Title TattleDecember 7, 2020
The family of Malaysian billionaire Chiu Chi Wen has clocked up Perth's highest house sale since 2017.
They've spent $15 million on the Mosman Park home of a local estate agent.
It was built in 2006 after the 1070 square metre Chine Place holding had been bought for $4.05 million in 2003 from geologist Dr Douglas Dunnet.
The home, sold off-market, sits near Chiu Chi's wellness centre.
The family sold their Peppermint Grove home for $7.75 million late last year.
Chiu Chi's investment in Perth began over two decades ago when his family group Hawaiian acquired the Parmelia Hilton.
He also owns Broome's Cable Beach Club.
This article was first published in the Weekend Australian.