Taiwanese singer Richie Ren has reportedly spent NT$1 billion (US$33.1 million) on “a whole street of houses” in Qingdao, China, according to local media.
|
Taiwanese singer Richie Ren. Photo from Ren’s Instagram |
According to The StarRen was reportedly drawn to the city’s vibrant atmosphere and its popularity as a tourist destination, famed for its scenic bays.
This is not Ren’s first major property deal. In 1996, he purchased several homes in Hong Kong’s upscale Ho Man Tin district, which he later sold for a profit of NT$89 million. Ren also earned a substantial return from the sale of three office units in Hong Kong’s Southmark building, reportedly netting NT$220 million.
In addition to his properties in Qingdao, Ren is said to own real estate in Shanghai and Changsha.
At 57, Ren graduated from the Chinese Culture University’s physical education department and debuted in 1990 with his studio album “Ask Again.”
His breakthrough came at the end of 1996 with his fifth album “Too Softhearted,” which sold over 1 million copies in China and more than 2.3 million copies across Asia. His 1998 album “Love Like Pacific Ocean” became one of the best-selling albums of all time in Taiwan, with over 1.2 million copies sold.
