Tycoon’s daughter buys Asia’s priciest apartment


HONG KONG: Lau Chauin, the daughter of the chairman of Heungkong Group Co, has been revealed as the buyer of Asia’s most expensive apartment, according to a report by the South China Morning Post.

The daughter of Lau Chi-keung last month bought flats 16C and 16D in the Mount Nicholson development on The Peak, paying a combined HK$1.2bil (US$154mil or RM650mil), the newspaper reported, citing a source close to the deal.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Lau Chauin , apartments , Hong Kong ,

   

Next In Business News

Ways China must tread for seamless transition to new era
Home sweet home
Asia shares rally on China's gains, Fed cut bets; yen weakens
Seeking cover from middlemen
A real need for local giants
Data centre boom - at watt cost?
Global momentum continues to lift Bursa Malaysia
Indonesia's Q1 GDP growth beats forecasts, at highest in 3 qtrs
Proton sales rise 17.1% in April
ECB rate cut case getting stronger, says chief economist Lane

Others Also Read