Celebrity Sale | Luo Yingrui sells two-bedroom unit of "Seasons of Glory" for 19 million

SighingCashier · 2026-03-19T04:47:46+00:00

Chairman Ying Jun's younger brother Luo Ying-rui has recently sold multiple properties in succession, cashing out a total of 40.8 million yuan. Among them, a residential unit at Kingland sold for 19 million yuan, and a unit at Wan Chai Xi Hui sold for 21.8 million yuan, each achieving profits in the market.

SighingCashier

2026-03-19 04:47:46

Abstract generation in progress

Chairman Luo Jiashui’s younger brother Luo Yingrui and related parties have been repeatedly selling assets. Recently, they sold a two-bedroom unit at The Legend at Kowloon Station in Tsim Sha Tsui for HKD 19 million, along with a previously sold unit at Wo Chee Hui in Wan Chai, totaling HKD 40.8 million in cash.

It is understood that the two-bedroom unit on the lower floor of Tower 2 at The Legend at Kowloon Station, which was sold for HKD 19 million, has a usable area of 750 square feet, with a price of HKD 25,333 per square foot. The unit was originally purchased in November 2007 by Luo Yingrui and related parties for HKD 17.63 million, representing an increase of HKD 1.37 million or 7.8% over more than 18 years.

Since 2007, Luo Yingrui and related parties have been actively accumulating properties, holding at least 14 residential units and 3 parking spaces. Among them, a two-bedroom unit on the middle floor of Tower 2 at Wo Chee Hui in Wan Chai, purchased for HKD 16.75 million at the end of 2013, with a usable area of 761 square feet, was sold earlier this month for HKD 21.8 million, earning a paper profit of HKD 5.0459 million or 30.1% over more than 12 years.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.