This is Chow's first home sale in 16 years. He is a famous actor known as 'Brother Fat'.

Chow Yun Fat smiled at a press conference in South Korea on October 5, 2023.

The flat was first listed for HKD8.99 million in 2024. The price was reduced by 16.6% before it was sold.

Chow Yun Fat has reduced property prices before. He listed a unit for HKD220 million in 2022 and later cut the price.

Chow Yun Fat owns eight properties in Hong Kong, including in The Peak and Kowloon Tong.

Hong Kong's housing market is getting better, and Chow's sale is a part of this trend. The market is attracting buyers from China and Hong Kong.

Corona Tower is in Central Hong Kong.

About 14,600 second-hand homes were sold in the first quarter, which is a 40% increase from last year.

Home prices increased by 4.5% in the first quarter, and rents rose by 1.06%.

Recently, home sales have slowed down because new projects are being built, and buyers are choosing those instead.

Some homeowners are increasing their asking prices, making it harder for buyers to negotiate.