{"id":171996,"date":"2026-06-16T19:19:04","date_gmt":"2026-06-16T12:19:04","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-property-tycoon-mico-chung-cashes-out-of-us13-4-million-home-on-the-peak\/"},"modified":"2026-06-16T20:18:54","modified_gmt":"2026-06-16T13:18:54","slug":"hong-kong-property-tycoon-mico-chung-cashes-out-of-us13-4-million-home-on-the-peak","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-property-tycoon-mico-chung-cashes-out-of-us13-4-million-home-on-the-peak\/","title":{"rendered":"Hong Kong property tycoon Mico Chung cashes out of US$13.4 million home on The Peak"},"content":{"rendered":"<p>&#013;<br \/>\nA 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.<br \/>\nAqua Sole Company sold the property at 27 Plantation Road to Hu Hanyang in a transaction completed on June 12, according to Land Registry records. Companies Registry filings show that Chung and his wife, Nina Kan Souk-yin, are shareholders of Aqua Sole.<br \/>\nThe company acquired the property in 1993 for HK$12 million,&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/business\/article\/3357325\/hong-kong-property-tycoon-mico-chung-cashes-out-us134-million-peak-home?utm_source=rss_feed\" target=\"_blank\" rel=\"noopener\">Hong Kong property tycoon Mico Chung cashes out of US.4 million home on The Peak<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; A company linked to CSI Properties chairman and founder Mico Chung and his wife has&#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-171996","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-IK8","jetpack-related-posts":[{"id":87727,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mico-chung-the-upstart-hong-kong-developer-who-aims-to-join-the-big-boys-league\/","url_meta":{"origin":171996,"position":0},"title":"Mico Chung, the upstart Hong Kong developer who aims to join the \u2018big boys\u2019 league","date":"May 11, 2018","format":false,"excerpt":"\r Hong Kong\u2019s property market is so dominated by the local elite property developers \u2013 the so-called big boys \u2013 that it\u2019s often thought these developers will never be usurped from their positions of power, or that their ranks will ever change. But don\u2019t say that to Mico Chung Cho-yee,\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":74412,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-redevelopment-specialist-reveals-hk15-billion-plan-for-new-business-centre\/","url_meta":{"origin":171996,"position":1},"title":"Hong Kong redevelopment specialist reveals HK$15 billion plan for new business centre","date":"December 13, 2017","format":false,"excerpt":"\r CSI Properties unveiled a plan for an office-retail-hotel project, to be developed as a joint venture with Wing Tai Properties on a recently acquired plot next to SoHo, at an estimated cost of HK$15 billion (US$1.9 billion). \u201cThe site will be connected to IFC Central, arts and design venue\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":171940,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mcdonalds-cashes-in-again-as-hong-kong-property-sell-down-continues\/","url_meta":{"origin":171996,"position":2},"title":"McDonald\u2019s cashes in again as Hong Kong property sell-down continues","date":"June 9, 2026","format":false,"excerpt":"\r McDonald\u2019s has sold another Hong Kong retail property, continuing its years-long effort to cash in on real estate assets accumulated during its rapid expansion across the city over the past few decades. The latest disposal involved Shop 1 on the upper ground floor of Parkvale Place on King\u2019s Road\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":171996,"position":3},"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":171656,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/pair-of-hong-kong-luxury-homes-sells-for-us41m-as-market-sizzle-increases\/","url_meta":{"origin":171996,"position":4},"title":"Pair of Hong Kong luxury homes sells for US$41m as market sizzle increases","date":"April 29, 2026","format":false,"excerpt":"\r A wave of demand from mainland Chinese buyers is restoring liquidity to Hong Kong\u2019s trophy home market, enabling owners who have held onto pricey assets for many years to lock in gains. Among them, mainland property tycoon Zhao Zhijun sold two adjoining units at 8-12 Peak Road for a\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":171996,"position":5},"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":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/171996"}],"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=171996"}],"version-history":[{"count":1,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/171996\/revisions"}],"predecessor-version":[{"id":171997,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/171996\/revisions\/171997"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=171996"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=171996"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=171996"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}