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Five other Hong Kong stars who, like Joey Yung, bought properties for millions of dollars recently
When it comes to investing, artists are just like most other Hongkongers – they go for property. They even buy homes for their parents, as Wong Cho-lam and Nicholas Tse did; one actor, though, bucked the trend for buying luxury homes
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Rachel Cheungin Shanghai
Heavy stamp duty and outrageous prices have not put Hong Kong artists off purchasing their dream homes. Hong Kong singer Joey Yung recently bought a house in the city for an estimated HK$200 million (US$25.5 million). Here are five others who splashed out on properties in recent years.
1. Nick Cheung Ka-fai
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53-year-old actor Nick Cheung Ka-fai, who won best actor at the Hong Kong Film Awards in 2014 for his titular role in Unbeatable (2013), bought a 3,366 square foot flat for HK$131 million in Grenville House, in the city’s upper middle-class Mid-Levels neighbourhood on Hong Kong Island, in May 2017.
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He thereby became neighbours with a former chief executive (head of the Hong Kong administration), Tung Chee-hwa.
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