Hugo Ng

2022 - 5 - 30

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Image courtesy of "AsiaOne"

'Stupid if don't buy': Hugo Ng pays $700k in 1 shot for HDB flat with 2 ... (AsiaOne)

Veteran actor Hugo Ng, 62, has spent around $700000 on a 1400 sq ft HDB flat in Singapore. And he reportedly paid for it in one lump sum.

In an interview with Lianhe Wanbao, he revealed that his son likes living in Singapore and he also felt that it would be suitable for Justin to live here. However, just three months after the move, Hugo and his family were unable to return to Penang after completing his work abroad because of the Covid-19 pandemic and the rest of the rental fees were paid in vain. In 2019, Hugo had planned to retire in Penang with his wife, former actress Lily Chung. He rented a 4,000 sq ft mansion for a monthly rental fee of 8,500 ringgit (S$2,800) for a year in Penang, Malaysia.

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Image courtesy of "Mothership.sg"

Ex-Channel 8 actor Hugo Ng says it's 'stupid' for S'poreans not to ... (Mothership.sg)

The actor praised the public housing scheme in Singapore, highlighting the subsidises offered by the government.

Ng's reason for the sudden purchase? As a result, he was unable to return to the country after wrapping up his work overseas and ended up paying a year's worth of rent despite not stepping foot in the house for the entire duration. He estimated that a private apartment in Singapore of the same size would cost around HK$8 million to HK$9 million (S$1.4 million to S$1.5 million).

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