Hong Kong actor and singer William Chan, who has focused much of his career development in the Mainland in recent years, has continued to sell off property holdings, generating a total of HK$29.33 million from property transactions within the past two months.
His latest sale involved a special rooftop unit at Full Harvest Building in Kennedy Town, which changed hands for HK$3.05 million and yielded a profit of HK$750,000, or approximately 33%.
The property sold was Flat C on a high floor of Full Harvest Building, with a saleable area of 219 square feet and an accompanying rooftop area of approximately 240 square feet.
Land records show that Chan purchased the unit in 2011 for about HK$2.3 million. The property was initially listed for sale at HK$3.8 million before being sold after negotiations for HK$3.05 million. The transaction represented a saleable-area price of HK$13,927 per square foot.
After holding the property for 15 years, Chan recorded a book profit of HK$750,000. According to market sources, the buyer is a foreign national.
Last month, Chan also sold a low-floor unit with a private platform at Tower 1 of The Pavilia Hill in North Point.
The property had a saleable area of 1,078 square feet, featured a three-bedroom layout and included a 161-square-foot platform. It was sold for HK$26.28 million, equivalent to HK$24,378 per square foot.
Including the latest Kennedy Town transaction, Chan has realized HK$29.33 million from property sales over the past two months.
According to publicly available information, the 40-year-old entertainer has been developing his career in the Mainland for many years and has starred in numerous television dramas.
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