Billionaire heiress Mimi Maeloa buys coveted Singapore mansion for US$19 million
The opulent property is near the city state’s main Orchard Road shopping belt
Mimi Yuliana Maeloa bought the house covering almost 767 square metres (8,256 square feet) on Chatsworth Avenue, according to a property filing in late June seen by Bloomberg News. The house is near the city state’s main Orchard Road shopping belt.
Maeloa, a Singapore citizen, is the daughter of Sukmawati Widjaja, also known as Oei Siu Hoa. Sukmawati is one of the children of the late tycoon, who built a multibillion-dollar empire with businesses spanning paper and pulp to financial services before his death in 2019.
Maeloa formerly worked at investment banks including Goldman Sachs, and has been a director since 2010 at Top Global, one of the property firms run by her clan. She is also the director of a family office registered in 2022, known as SW Global Management, according to corporate filings seen by Bloomberg News.
The bungalow is being sold by Raymond Phee, who is the CEO of a local distributor of electrical appliances and stationery among various other roles, according to property and corporate filings.
Maeloa and Phee did not respond to requests for comment.