Charles Tong Chi-kar, the vice-chairman and executive director of Tomson Group, has bought a HK$112 million (US$14.4 million) home in Mid-Levels West, joining a growing number of affluent buyers who are increasingly confident in Hong Kong’s residential market.
Advertisement
Sold for HK$48,060 per square foot, the 2,335 sq ft four-bedroom unit at The Legacy, developed by Henderson Land, was handed over to Tong on Monday, according to the Land Registry.
Tomson Group, known for its luxurious Tomson Riviera residential project in Shanghai’s Pudong area, maintains its primary operations in mainland China. The firm reported a sharp rise in interim earnings for the first half of this year, largely due to sale proceeds from the first phase of Tomson Foresta, another major development in Pudong.
The Hong Kong-listed firm also owns several commercial and industrial properties in Pudong, including the Tomson Commercial Building, Tomson International Trade Building and Tomson Waigaoqiao Industrial Park.
In Hong Kong, Tomson Group holds the entire 13th floor of Tower II, Admiralty Centre. The office space has been leased for six years starting mid-2025.
Tong’s mother, Hsu Feng, serves as chairman and managing director of Tomson Group. A renowned martial arts actress in Taiwan and Hong Kong in the 1970s, she was celebrated for her leading roles in classic films by King Hu Jinquan, including A Touch of Zen, The Fate of Lee Khan and Raining in the Mountain.