Late casino tycoon Fu Tak-iam’s family buys Hong Kong serviced flats for US$71 million

A company linked to the family of late Macau casino pioneer Fu Tak-iam bought a serviced-apartment property in Hong Kong’s Wan Chai district for about HK$550 million (US$71 million) amid renewed investor appetite for rental assets in the city. Pleasure Properties was identified as the buyer of CHI 138, a 107-unit serviced-apartment property at 136 Johnston Road and 2 Stone Nullah Lane, according to the Land Registry. The sale took place on November 11 and was registered on Tuesday. Companies...

Source: scmp.com at 12/11/2025 12:30:07 AM.

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