Hong Kong movie star Chow Yun Fat slashes The Peak mansion's price by $7.6M after years without buyer
Actor Chow Yun Fat has lowered the price of his mansion on Hong Kong’s ultra-exclusive The Peak by HK$60 million (US$7.65 million), a 27% reduction from its original asking price.
Hong Kong actor Chow Yun Fat has reduced the asking price of his luxurious Sunshine Villa mansion by an impressive HK$7.6 million, or 4%, according to recent reports. The property, located at The Peak, is now priced at HK$160 million, or a remarkable HK$62,819 per square foot. This is significantly less than the original asking price of HK$220 million in October 2022, and the current price is 91% higher than when Chow initially purchased the estate for HK$128 million in 2010.
The 236-square-meter mansion, known as Sunshine Garden, boasts an impressive 186-square-meter flower garden and underwent extensive renovations by the actor before he decided to sell it. However, Chow has never lived in the property nor rented it out. Local media sources suggest that Chow is selective about potential buyers, and viewings are heavily restricted.
Chow, who now resides in a 3,000-square-feet home in Kowloon Tong that he bought in 1990, owns a total of eight properties across Hong Kong with a combined estimated value of over HK$1 billion. He recently sold a flat in Corona Tower for HK$7.5 million, netting a 91% gain after more than 30 years of ownership. Chow, 71, rose from humble beginnings, working various jobs before gaining fame in the late 1970s with TVB dramas.
Despite his current wealth, he maintains a low-key lifestyle, often using public transport and enjoying meals at local cha chaan tengs.
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