Hong Kong Mansions Tied to Evergrande’s Hui Yet to Find Buyers
- The Peak houses are asking for a combined HK$900 million
- Hong Kong relaxed property rules again to boost market
The mansions at 10 Black’s Link in Hong Kong.
Photographer: Anthony Kwan/BloombergThis article is for subscribers only.
Eleven months after being seized by creditors, two adjacent mansions tied to China Evergrande Group’s founder Hui Ka Yan continue to seek buyers at big discounts.
House C and E at 10 Black’s Link are being marketed for a combined HK$900 million ($116 million), according to people familiar with the matter, who requested not to be named because the information is private. They were valued at more than HK$1.5 billion, local media HK01 reported in November.