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24-08-2023, 06:59 AM
UPDATED AUG 23, 2023, 8:51 AM SGT
HONG KONG - A Hong Kong businessman whose wife was arrested in Vietnam in 2022 has emerged as the latest desperate seller in the city’s increasingly turbulent property market.
Mr Eric Chu is offloading properties ranging from a hotel to luxury apartments in Hong Kong, sometimes at a significant loss, after his Vietnamese wife became embroiled in one of the most high-profile scandals in the South-east Asian nation.
The couple have commercial real estate valued at about HK$8 billion (S$1.4 billion) in the city, after already selling at least HK$1 billion worth of properties in the past few months.
https://www.straitstimes.com/business/ho...e-arrested
HONG KONG - A Hong Kong businessman whose wife was arrested in Vietnam in 2022 has emerged as the latest desperate seller in the city’s increasingly turbulent property market.
Mr Eric Chu is offloading properties ranging from a hotel to luxury apartments in Hong Kong, sometimes at a significant loss, after his Vietnamese wife became embroiled in one of the most high-profile scandals in the South-east Asian nation.
The couple have commercial real estate valued at about HK$8 billion (S$1.4 billion) in the city, after already selling at least HK$1 billion worth of properties in the past few months.
https://www.straitstimes.com/business/ho...e-arrested
