No. 52 Peak Road buyers exposure

Luxury homes are highly sought after. With an initial purchase of 450 million yuan in Peak Road Estate, the buyer is Pang Weixin, who is known as the “starting shell king,” and can save 135 million yuan in taxes by transferring the company’s shares to the market. .

The property is located at No. 52 Peak Road, adjacent to Baijia Road and Severn Road. It is now a large house completed in the 1950s. The property occupies an area of ​​11,126 square feet, with a plot ratio of 0.5 times and a floor area of ​​approximately 5,563 square feet. Earlier through the company’s equity transfer to change hands, the price of about 450 million yuan, the floor price of about 80,900 yuan.

According to a report from the Companies Registry, the newly appointed director is Wilson Pong, who is known as Pang Weixin, who is known as the “starting shell king”, but he is able to save 135 million yuan in taxes by entering the market through the company’s equity transfer method.

In addition, Liao Zhenxiong, a managing director of Century 21’s Qifeng Property, stated that Room C, Middle Floor, Baitao Haoyuan, Qingshui Bay, Sai Kung, had a saleable area of ​​2,119 square feet, and had just changed hands with two parking spaces for $47.5 million, with a saleable area of ​​RMB22,416. The original owner purchased the above-mentioned property for 31.8 million yuan in 2011 and held the goods for 7 years. His current book profit is 15.7 million yuan, an appreciation of nearly 50%.