
HANG LUNG GROUP CEO spent HKD 23.54 million to purchase a three-bedroom apartment in Hong Kong
Local media reported that the Executive Director and CEO of HANG LUNG GROUP (00010.HK) and HANG LUNG PROPERTIES (00101.HK), Lu Weibai, who is set to retire by the end of August this year, purchased a three-bedroom unit at the South Island Harbour at Wong Chuk Hang Station for HKD 23.541 million on the 24th of last month.
According to the information, the unit in question is Room P3 on a low floor of Block 1B at South Island Harbour, with a usable area of 826 square feet, featuring three bedrooms, a suite, and a study with a bathroom. It was sold for HKD 23.541 million on the 24th of last month, at a price of HKD 28,500 per square foot, with Lu Weibai registered as the buyer
