A HK$550 million (US$70.2 million) Hong Kong luxury property linked to China Evergrande Group’s founder Hui Ka-yan has been put up for sale by receivers. Agents expect a short-term boost for the ultra-luxury segment following the end of decade-old property curbs in this week’s budget.
The property, 10E on Black’s Link, in the prestigious Peak area, is a three-storey detached house with an area of 4,933 square feet.
