Hong Kong’s Olympic fencing champion Cheung Ka-long has bought a HK$16 million (US$2.05 million) flat in New Territories, joining a host of celebrities snapping up homes amid signs of a recovery in the property market.
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Cheung paid HK$17,300 per square foot for the 932 sq ft three-bedroom flat at Sun Hung Kai Properties’ St Martin project in Tai Po’s Pak Shek Kok by tender in July, according to the first-hand transactions register. The registered buyer of the property is Cheung Ka-long, who is said to be the fencer.
The flat was handed over on August 8, according to the Land Registry.
Cheung, a left-handed foil fencer, won his second Olympic gold medal at the Paris Games last year, becoming only the third man in history to retain an Olympic foil title. He was also the 2016 individual Asian champion and a three-time Olympian.
His purchase added to a string of transactions by celebrities this year. In June, pop diva and actress Karen Mok Man-wai bought a luxury unit in the Mid-Levels district for HK$85 million. According to the Land Registry, a 2,153 sq ft three-bedroom flat at Dynasty Court on Old Peak Road was sold for HK$84.5 million and handed over on June 12.
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