Hong Kong’s ‘king of shops’ Edwin Leong sells home on The Peak for US$41.3 million
South China Morning Post
by Peggy YeFebruary 27, 2026
Edwin Leong Siu-hung, chairman of Tai Hung Fai Enterprise Group and long dubbed Hong Kong’s “king of shops”, has sold a flat in the ultra-exclusive Mount Nicholson enclave on The Peak, saying weak rental returns did not make it worthwhile to hold the property any longer.
Land Registry records showed Leong sold the 4,566 sq ft four-bedroom flat for HK$323 million (US$41.3 million), or about HK$70,740 per square foot. He bought the property in 2016 for about HK$312 million.
While the selling price...
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Originally published on South China Morning Post on 2/27/2026