Cheap sale: Jho Low's luxury apartment in New York sold at 45% loss

Interview with Jho Low, CEO of Jynwel Capitial Limited, at his office in Central.

PETALING JAYA: The US government has sold a luxury condo that once belonged to Malaysian fugitive financier Low Taek Jho (pic), also known as Jho Low, at a 45% discount, a New York real estate news website has reported.

The Real Deal said that the two-bedroom, second-floor unit at 102 Prince Street – also known as 118 Greene Street – was sold to an anonymous Limited Liability Company (LLC) for US$7.6mil (RM33.1mil), compared to the US$13.8mil (RM60.15mil) that Jho Low paid for it in 2014.