{
  "id": 10666345,
  "title": "Eunis Chan, Angela Leong sell luxury Hong Kong properties as rate increases loom",
  "url": "https://urgent.news/2026/09/29/eunis-chan-angela-leong-sell-luxury-hong-kong-properties-as-rate",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-29T10:00:13.000Z",
  "source": {
    "name": "SCMP Business",
    "slug": "scmp-business",
    "url": "https://www.scmp.com/business/article/3369169/eunis-chan-angela-leong-sell-luxury-hong-kong-properties-rate-increases-loom"
  },
  "original_language": "en",
  "account": "Amid the looming possibility of interest rate hikes, Hong Kong's luxurious property market is seeing a shift in ownership patterns. High-profile individuals, such as model-actress Eunis Chan and billionaire Angela Leong, have decided to sell their expensive properties, according to industry insiders.\n\nChan, a former model and actress, recently sold a two-bedroom flat in the upscale Mid-Levels district for HK$32.25 million (approximately US$4.1 million). The property, located on the 2nd floor of Tower 2 at Regent On The Park, was listed at HK$36 million in July 2024. After reducing the selling price by HK$3.75 million (more than 10%), Chan made a profit of about 130 per cent, realizing a gain of HK$18.25 million.\n\nLeong, a Chinese billionaire and former business partner of the late casino magnate Stanley Ho, sold a luxury house in Sai Kung for HK$70 million. The detached four-bedroom residence, located at Royal Castle on Pik Sha Road, featured a 2,259 square foot saleable area, a garden, a pool, and a rooftop terrace. Leong bought the property in 2012 for HK$68.8 million, netting a modest profit of HK$1.2 million after holding onto it for 14 years.",
  "summary": "As the shadow of possible interest rate increases darkens Hong Kong’s property market outlook, well-known people including model-actress Eunis Chan Ka-yung and billionaire Angela Leong On-kei have recently decided the time was right to sell luxury properties, according to market sources. Chan sold a two-bedroom Mid-Levels flat for HK$32.25 million (US$4.1 million), making a profit of about 130…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Techmeme",
        "title": "Shein reports Q2 revenue up 0.9% YoY to $11B and net income down 66% to $228M, in its first report since a Hong Kong IPO; its stock is ~30% below its IPO price (Tracy Qu/Wall Street Journal)",
        "url": "https://urgent.news/2026/09/29/shein-reports-q2-revenue-up-0-9-yoy-to-11b-and-net-income-down-66-to",
        "published": "2026-09-29T10:40:33.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}