Chow Yun-fat nets 91% gain on Hong Kong flat after 31 years as prices rebound

Chow Yun-fat, the legendary Hong Kong actor, has sold a Mid-Levels flat after more than three decades, securing a roughly 91 per cent gain, as the city’s secondary housing market continues to strengthen. The 541 sq ft, three-bedroom flat in Corona Tower fetched HK$7.5 million (US$960,000), or HK$13,863 per square foot. The sale agreement was signed on February 11 and the transaction was registered on March 11, according to Land Registry records. The deal generated a gain of HK$3.58 million...

By Peggy Ye