Property News · June 26, 2019

Twenty-two-year-old splashes out US$117 million on luxury house at Mount Nicholson on The Peak


The 22-year-old chief executive of a high-end education centre has splashed out HK$916 million (US$117.33 million) for a house at one of Hong Kong’s most prestigious addresses.Matthew Cheung Siu-woon bought the 8,674-square foot (806 square metres) house at Mount Nicholson on The Peak early this month, according to a Land Registry document released on Wednesday. The purchase comes at a time most analysts are expecting the luxury property market to be dampened by poor sentiment.The young tycoon…

Source : South China Morning Post
Read more…Twenty-two-year-old splashes out US7 million on luxury house at Mount Nicholson on The Peak

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