Hong Kong actors Nick Cheung and William Chan have become the latest high-end homeowners to sell their units amid a strengthening recovery in the city’s luxury property market.
Transactions in the segment more than doubled in the first quarter of the year, compared with the same period in 2025, according to consultancy CBRE.
Cheung sold his flat at Grenville House in Mid-Levels for HK$132 million (US$16.86 million) to buyers identified as Lee Yuen Ann Geoffery and Xu Ranying, Land Registry records showed. The deal was completed on May 15.
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The actor, who won top acting awards for the films Beast Stalker in 2008 and Unbeatable in 2013, bought the property in 2017 for HK$131 million.
With the sale, the 3,366 sq ft, four-bedroom flat fetched HK$39,216 per square foot, according to property agents.
Chan sold a 1,040 sq ft unit at The Pavilia Hill in North Point for HK$26.28 million, or HK$25,269 per square foot, according to Centaline Property Agency. He bought the three-bedroom property with terrace in 2015.
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