Winland Group – Charm

Hong Kong tycoon Joseph Lau’s kin sell Mid-Levels flat for US$12.8 million

5 months ago02 mins

The son and former partner of fugitive Hong Kong tycoon Joseph Lau Luen-hung 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 ft flat on a high floor at…

Fancl distributor couple buys Lippo Centre office, shop in US$38.3 million deal

5 months ago03 mins

The couple behind the Asia distributor of Japanese skincare brand Fancl has bought prime office and retail space in Hong Kong’s Admiralty district, highlighting selective bargain hunting by cash-rich local investors as commercial property prices remain under pressure. Gourmet Dining Group, owned by Christopher Chan and wife Michelle Ma-chan, agreed on January 5 to buy…