8 - 10 Headland Road, Repulse Bay in Hong Kong. Photo: Handout

Hong Kong paper tycoon Raymond Lee buys Repulse Bay property for HK$1.45 billion, in city’s priciest sale this year

  • Raymond Lee Man Chun and his wife Wong Man Yi are directors of closely held company that bought 8 Headland Road in Repulse Bay from AIA for HK$1.45 billion
  • AIA paid HK$20.2 million in 1985 for the property
Topic |   Property investment

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8 - 10 Headland Road, Repulse Bay in Hong Kong. Photo: Handout
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Sandy Li

Sandy Li

Sandy Li is the property editor. She covers property market which focus in listed property firms and government policy. During her career she has won several journalism prizes, including the Citi Journalistic Excellence Award in 2011. She was first runner-up for the same award in 2010.