{"id":160376,"date":"2025-09-03T13:36:22","date_gmt":"2025-09-03T06:36:22","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-cassette-king-offers-to-sell-luxury-property-to-pare-debt\/"},"modified":"2025-09-03T14:49:57","modified_gmt":"2025-09-03T07:49:57","slug":"hong-kongs-cassette-king-offers-to-sell-luxury-property-to-pare-debt","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-cassette-king-offers-to-sell-luxury-property-to-pare-debt\/","title":{"rendered":"Hong Kong\u2019s \u2018Cassette King\u2019 offers to sell luxury property to pare debt"},"content":{"rendered":"


\nOne of Hong Kong\u2019s best-known real estate investors has put another luxury home up for sale at a discount, as the city\u2019s property glut and elevated interest rates weigh on highly leveraged entrepreneurs.
\nDavid Chan Ping-chi, dubbed the \u201cCassette King\u201d for his fortunes made from producing audiovisual cassettes and compact discs, plans to sell a three-storey mansion at 51 Mount Davis Road on Hong Kong Island to repay debt, he said in a phone interview with the Post.
\nChan is asking for about HK$450…
\n
\nSource : South China Morning Post
\nRead more…Hong Kong\u2019s \u2018Cassette King\u2019 offers to sell luxury property to pare debt<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

One of Hong Kong\u2019s best-known real estate investors has put another luxury home up for...<\/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-160376","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-FII","jetpack-related-posts":[{"id":155007,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-veteran-investors-face-the-heat-in-sinking-property-market\/","url_meta":{"origin":160376,"position":0},"title":"Hong Kong\u2019s veteran investors face the heat in sinking property market","date":"June 1, 2025","format":false,"excerpt":"\r Hong Kong\u2019s commercial market declines have left some of the city\u2019s once-prosperous veteran investors struggling financially, with experts expecting distressed sales to continue amid plunging property valuations. In April, receivers took over the luxury detached mansion in Pok Fu Lam where \u201cCassette King\u201d David Chan Ping-chi and his family\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":159605,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-ferry-buys-retail-space-for-us33-million-from-cassette-king\/","url_meta":{"origin":160376,"position":1},"title":"Hong Kong Ferry buys retail space for US$33 million from \u2018Cassette King\u2019","date":"August 20, 2025","format":false,"excerpt":"\r Hong Kong Ferry Holdings is buying retail shops in the New Territories from Hong Kong\u2019s \u201cCassette King\u201d David Chan Ping-chi for HK$260 million (US$33 million) as part of an expansion of its property investment business. Prosper Link Investment, a wholly owned subsidiary of the company, entered into a provisional\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":153807,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/receivers-put-us55-million-home-of-hong-kongs-cassette-king-on-sale-amid-housing-gloom\/","url_meta":{"origin":160376,"position":2},"title":"Receivers put US$55 million home of Hong Kong\u2019s \u2018Cassette King\u2019 on sale amid housing gloom","date":"May 20, 2025","format":false,"excerpt":"\r Sea-view property in Pok Fu Lam handed to receivers last week, according to Land Registry records; expressions of interest to end on July 8.\r \r Source : South China Morning Post\r Read more...Receivers put US million home of Hong Kong\u2019s \u2018Cassette King\u2019 on sale amid housing gloom","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":172658,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/eunis-chan-angela-leong-sell-luxury-hong-kong-properties-as-rate-increases-loom\/","url_meta":{"origin":160376,"position":3},"title":"Eunis Chan, Angela Leong sell luxury Hong Kong properties as rate increases loom","date":"September 29, 2026","format":false,"excerpt":"\r As the shadow of possible interest rate increases darkens Hong Kong\u2019s property market outlook, well-known people including model-actress Eunis Chan Ka-yung and billionaire Angela Leong On-kei have recently decided the time was right to sell luxury properties, according to market sources. Chan sold a two-bedroom Mid-Levels flat for HK$32.25\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":105633,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/life-of-the-super-rich-hong-kongs-luxury-homes-sell-for-109m\/","url_meta":{"origin":160376,"position":4},"title":"Life of the super rich: Hong Kong's luxury homes sell for $109m","date":"April 1, 2019","format":false,"excerpt":"\r The world's ultra-rich are used to bespoke touches in life, from custom-made suits to tailored financial advice. But what happens when you apply that approach to property, and take it to the extreme?Hong Kong businessman and former...\r \r Source : nzherald.co.nz\/Property\r Read more...Life of the super rich: Hong Kong's\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":167184,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/rosewood-hotel-brand-of-hong-kongs-chow-tai-fook-is-not-for-sale-sources-say\/","url_meta":{"origin":160376,"position":5},"title":"Rosewood hotel brand of Hong Kong\u2019s Chow Tai Fook is not for sale, sources say","date":"December 12, 2025","format":false,"excerpt":"\r Hong Kong-based Chow Tai Fook Enterprises (CTFE), the private investment holding company of the Cheng family and the parent firm of debt-ridden New World Development (NWD), has no plans to sell its prized Rosewood brand, according to sources familiar with the matter. \u201cRosewood has delivered exceptional results in recent\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/160376"}],"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=160376"}],"version-history":[{"count":1,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/160376\/revisions"}],"predecessor-version":[{"id":160377,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/160376\/revisions\/160377"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=160376"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=160376"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=160376"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}