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luxury hong kong apartment sold at significant discount after creditor seizure
A luxury apartment in Hong Kong's Mid-Levels, previously owned by textile businessman Andrew Hui, was sold for HK$110 million ($14.1 million) after being seized by creditors. This sale represents a nearly 40% drop from its original asking price of HK$180 million set in 2022. The property is located in The Mayfair development.
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