Mandopop star Richie Jen snaps up US$8.8 million Repulse Bay flat (opens original article in a new tab)

Taiwanese singer and actor Richie Jen bought a HK$68.8 million flat in Hong Kong's Repulse Bay, reflecting renewed confidence in the luxury property market.

• Taiwanese singer and actor Richie Jen purchased a HK$68.8 million flat in Repulse Bay, Hong Kong
• The property was bought through a company linked to Jen and his wife, with a price of HK$31,315 per square foot
• The transaction marked a 5.8% premium over a recent comparable deal in the same development
• The seller, who bought the flat in 2009, made a HK$14.8 million profit