Property News · November 22, 2016

Tai Hung Fai’s founder Edwin Leong emerges as buyer of Asia’s priciest apartment units


Edwin Leong Siu-hung, the founder of Tai Hung Fai Enterprises and Hong Kong’s 17th wealthiest businessman of 2016, has been confirmed as the buyer of Asia’s most expensive residential property.
Leong and a family member paid a total of HK$1.23 billion (US$158 million) for three units of the exclusive Mount Nicholson apartments at The Peak on November 8, according to Land Registry data.
Leong bought a 4,566-square feet unit on the seventh floor for HK$312 million, or HK$68,481 per…

Source : South China Morning Post
Read more…Tai Hung Fai’s founder Edwin Leong emerges as buyer of Asia’s priciest apartment units