{"id":124010,"date":"2021-12-29T16:43:22","date_gmt":"2021-12-29T09:43:22","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/tycoon-henry-chengs-wife-pays-hk450-million-for-luxury-flat-on-the-peak-as-the-super-rich-seek-safety-in-bricks-and-mortar\/"},"modified":"2021-12-29T18:04:54","modified_gmt":"2021-12-29T11:04:54","slug":"tycoon-henry-chengs-wife-pays-hk450-million-for-luxury-flat-on-the-peak-as-the-super-rich-seek-safety-in-bricks-and-mortar","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/tycoon-henry-chengs-wife-pays-hk450-million-for-luxury-flat-on-the-peak-as-the-super-rich-seek-safety-in-bricks-and-mortar\/","title":{"rendered":"Tycoon Henry Cheng\u2019s wife pays HK$450 million for luxury flat on The Peak, as the super-rich seek safety in bricks and mortar"},"content":{"rendered":"<p>&#013;<br \/>\nThe wife of Henry Cheng Kar-shun, Hong Kong\u2019s third-richest man, has bought a flat on The Peak for HK$450 million (US$57.7 million), as the city\u2019s most well-heeled residents continue to channel their capital into bricks and mortar to protect their wealth.Katherine Ip Mei-hing bought the four-bedroom, 4,256 square-foot apartment at 8 Peak Road from CSI Properties and Phoenix Property Investor last month, according to sources familiar with the deal.The price tag translates to HK$105,535 per sq ft\u2026&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/business\/article\/3161425\/tycoon-henry-chengs-wife-pays-hk450-million-luxury-flat-peak-super-rich?utm_source=rss_feed\" target=\"_blank\" rel=\"noopener\">Tycoon Henry Cheng\u2019s wife pays HK0 million for luxury flat on The Peak, as the super-rich seek safety in bricks and mortar<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; The wife of Henry Cheng Kar-shun, Hong Kong\u2019s third-richest man, has bought a flat on&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-124010","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-wga","jetpack-related-posts":[{"id":171996,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-property-tycoon-mico-chung-cashes-out-of-us13-4-million-home-on-the-peak\/","url_meta":{"origin":124010,"position":0},"title":"Hong Kong property tycoon Mico Chung cashes out of US$13.4 million home on The Peak","date":"June 16, 2026","format":false,"excerpt":"\r A company linked to CSI Properties chairman and founder Mico Chung and his wife has sold a luxury house on The Peak for HK$105 million (US$13.4 million), according to official records. Aqua Sole Company sold the property at 27 Plantation Road to Hu Hanyang in a transaction completed on\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":108468,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/twenty-two-year-old-splashes-out-us117-million-on-luxury-house-at-mount-nicholson-on-the-peak\/","url_meta":{"origin":124010,"position":1},"title":"Twenty-two-year-old splashes out US$117 million on luxury house at Mount Nicholson on The Peak","date":"June 26, 2019","format":false,"excerpt":"\r 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\u2019s 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\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":170548,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-tycoon-joseph-laus-kin-sell-mid-levels-flat-for-us12-8-million\/","url_meta":{"origin":124010,"position":2},"title":"Hong Kong tycoon Joseph Lau\u2019s kin sell Mid-Levels flat for US$12.8 million","date":"February 12, 2026","format":false,"excerpt":"\r The son and former partner of fugitive Hong Kong tycoon Joseph Lau Luen-hung jointly sold a three-bedroom luxury home in the upscale neighbourhood of Mid-Levels for HK$100 million (US$12.8 million), clearing about HK$40 million after holding the property for nearly two decades, according to official filings. The 1,948 sq\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":136656,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-tycoon-joseph-laus-eldest-son-lau-ming-wai-puts-two-houses-on-the-peak-on-sale-for-almost-hk1-billion-us127-5-million\/","url_meta":{"origin":124010,"position":3},"title":"Hong Kong tycoon Joseph Lau\u2019s eldest son, Lau Ming-wai, puts two houses on The Peak on sale for almost HK$1 billion (US$127.5 million)","date":"May 12, 2023","format":false,"excerpt":"\r The younger Lau, chairman of Hong Kong-listed developer Chinese Estates Holdings, has appointed Centaline Property Agency to market houses A and D at 31 Barker Road, according to documents seen by the Post.\r \r Source : South China Morning Post\r Read more...Hong Kong tycoon Joseph Lau\u2019s eldest son, Lau\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":167489,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-shipping-barons-nephew-buys-us9-6-million-flat-in-repulse-bay\/","url_meta":{"origin":124010,"position":4},"title":"Hong Kong shipping baron\u2019s nephew buys US$9.6 million flat in Repulse Bay","date":"December 16, 2025","format":false,"excerpt":"\r A nephew of the late Hong Kong shipping tycoon Y.K. Pao has bought a HK$75 million (US$9.6 million) luxury flat in Repulse Bay, continuing a trend among the city\u2019s wealthy buyers who have been snapping up high-end homes in recent months. Crosspark Limited, an entity linked to Raymond Pao\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":123802,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/who-is-the-buyer-of-the-us82-million-property-on-the-peak-asias-most-expensive-flat\/","url_meta":{"origin":124010,"position":5},"title":"Who is the buyer of the US$82 million property on The Peak \u2013 Asia\u2019s most expensive flat?","date":"December 14, 2021","format":false,"excerpt":"\r The buyer of Asia\u2019s most expensive flat in the ultra-luxury Mount Nicholson project on The Peak is Lau Chauin, according to Wheelock Properties, which is marketing the project.Lau is the daughter of Lau Chi-keung, the chairman of Heungkong Group, which has interests ranging from logistics and finance to health\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/124010"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=124010"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/124010\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=124010"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=124010"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=124010"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}