HONG KONG: Even the actor famed for playing tough-as-nails characters in Hong Kong classics like 'The Killer' and 'Hard Boiled' is taking a beating amid a slump in the city’s luxury property market.
“Brother Fat”, as he is known in Hong Kong, is not the only celebrity who has had to adjust expectations amid the moribund market. Prominent tycoons have also had to unload properties at deep discounts in recent months. Allan assesses the fair value price of the Sunshine Villa home at 48 Mount Kellett Road at HK$150 million.
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