Property News · January 8, 2019

Tai Po villa, occupied by wife and daughter of Zimbabwe’s former president, sold in Hong Kong for a 15 per cent loss


A luxury villa previously occupied by the wife and daughter of Zimbabwe’s former strongman Robert Mugabe – itself the subject of a dispute in the Hong Kong courts – has been sold for a 15 per cent loss, according to sales agents.
House 3 of JC Castle has been sold for HK$34 million (US$4.3 million), a loss of 15 per cent from its 2008 purchase price of HK$40 million, according to Century 21 Deluxe Home Property, which handled the transaction. The agency did not identify the…

Source : South China Morning Post
Read more…Tai Po villa, occupied by wife and daughter of Zimbabwe’s former president, sold in Hong Kong for a 15 per cent loss

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