Property News · April 30, 2019

‘King of Cassettes’ David Chan Ping-chi to sell subdivided office units at The Center for up to 47 per cent profit


Cassette tape and CD magnate David Chan Ping-chi, one of 10 ultra wealthy investors who paid a world record US$5.15 billion for The Center in late 2017, is offering subdivided office units in the landmark skyscraper for up to 47 per cent more than what he spent.Chan could pull in sales revenue of HK$1.3 billion (US$170 million) if all 12 units on the 39th floor are sold. Each floor of the 73-storey The Center covers an area of 26,000 square feet.“Five units have been reserved. Details of the…

Source : South China Morning Post
Read more…‘King of Cassettes’ David Chan Ping-chi to sell subdivided office units at The Center for up to 47 per cent profit

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