A luxury flat in Hong Kong’s Kowloon Tong district is one of the latest to have found a buyer amid a rosier outlook for the city’s residential property market.
The HK$225 million (US$28.9 million) property in Tower 6 of Mont Verra was bought by Elbe Rhein Investment on December 12 and the transaction was registered on Monday, according to the Land Registry.
Before changing its name to Elbe Rhein last year, the company had been operating under the name of Migao Corporation since 2008, according to the Companies Registry.
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Jonas Liu, who holds a German passport, was the sole shareholder and director of Elbe Rhein, according to official records. His registered address was in the Rosewood Residences, an ultra-luxury serviced apartment property located in Tsim Sha Tsui.
Liu has been manager at Migao since 2019, according to his LinkedIn profile.
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The Post sought his comment via LinkedIn and reached out to Migao Group, but no response was received at press time.
