Tuesday, June 16, 2026
Privacy-First Edition
Back to NNN
Business

Hong Kong property tycoon Mico Chung cashes out of US$13.4 million Peak home

Hong Kong’s luxury property market sees another big-ticket deal as a Peak mansion changes hands

2-MIN READ2-MIN ListenCheryl ArcibalPublished: 8:19pm, 16 Jun 2026Updated: 8:29pm, 16 Jun 2026A 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 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.

The company acquired the property in 1993 for HK$12 million, the records show.

According to property agents’ listings, the 3,120 sq ft house comes with a garden and a parking space. The transaction valued the property at HK$33,654 per square foot in one of Hong Kong’s most exclusive residential neighbourhoods.

Chung and Kan are the latest among Hong Kong’s wealthy and high-profile residents to cash out of the city’s luxury housing market.

In May, actors Nick Cheung and William Chan also sold high-end homes, according to official records.

Cheung, who won best actor awards for Beast Stalker in 2008 and Unbeatable in 2013, sold his flat at Grenville House in Mid-Levels for HK$132 million. The buyers were identified in Land Registry records as Lee Yuen Ann Geoffery and Xu Ranying, with the transaction completed on May 15.

Read original at South China Morning Post

The Perspectives

0 verified voices · Three viewpoints · Real discourse

Left
0
Be the first to share a left perspective
Center
0
Be the first to share a center perspective
Right
0
Be the first to share a right perspective

Related Stories