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Access here alternative investment news about Hong Kong’s Paper Tycoon Raymond Lee Buys Repulse Bay Property For Hk$1.45 Billion, In City’s Priciest Sale This Year | South China Morning Post
Real Estate

Hong Kong’s Paper Tycoon Raymond Lee Buys Repulse Bay Property For Hk$1.45 Billion, In City’s Priciest Sale This Year | South China Morning Post

by scmp.com posted 3weeks ago 149 views
Raymond Lee Man Chun, a veteran real estate investor and co-founder of Hong Kong’s largest paper producer Lee & Man Paper Manufacturing, is believed to be the owner of the most expensive property sold this year in the city.Lee and his wife Wong Man Yi are directors of a privately owned company called Winner Progress Limited, which paid HK$1.45 billion (US$185 million) to buy 8 Headland Road in Repulse Bay from the American International Assurance Company (AIA), according to Hong Kong’s company…

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