Many artists live in Sai Kung’s luxury mansion, Ao Tong. However, Tim Wong, the lead singer of the band Dear Jane, recently sold the three-bedroom unit with parking space that he once lived in for NT$18.28 million. He is expected to have lost NT$5 million after holding the property for 6 years. It is known that Tim purchased Unit A, a high-rise building in Tower 15, Aolong, for NT$20.35 million in 2018, with a usable area of 1,183 sq. 22.35 million yuan. However, Tim sold the unit with a parking space for NT$18.28 million at the beginning of this month, resulting in a book loss of approximately NT$4.07 million. Together with stamp duty and other miscellaneous fees, the actual loss is estimated to be over NT$5 million.
Dear Jane lead singer Huang Tianao (Tim) and his wife Yang Luoting. (IG@rabeeayeung) A family of four. (IG@rabeeayeung) Aolong. (File picture)
In an interview with the media, Tim’s wife, Yang Luoting, said that she felt inconvenienced by having to drive for an hour to send her children back to school, so she decided to move away from Aolong. In addition, the owner’s friend was interested in Aolong, so she sold the property to him. Yang Luoting revealed that her family lived in Aolong during the epidemic. It was surrounded by greenery, and they could go hiking nearby and swim in the housing estates. She described it as “like taking a three-year vacation.” She also said that the transaction price this time was at the market level, even though This loss is also a “happy purchase”.
The space is so big. (IG@rabeeayeung) Yang Luoting said with a smile, “I feel happy after buying it.” (IG@rabeeayeung)
Ao Ling, known as the “Star Housing Estate”, has attracted many celebrities and artists to live there, including Wang Haoxin, Zhou Pakho, Kwan Chi-Pin, Yuan Weihao, DJ Young Master Zhan, etc. Among them, Kwan Chi-Pin bought the 11-story high-rise E in 2017 for NT$16.94 million. Room, with a salable area of 968 square feet, three bedrooms and a studio unit with a worker’s suite. It was rented out for NT$40,000 last year. In 2020, Yuan Weihao and Zhang Baoer jointly purchased a garden duplex in Block D, Aolong for NT$65.683 million, with a usable area of approximately 2,205 square feet and a private garden of approximately 568 square feet. In addition, a total of 4 million yuan was spent to purchase 2 parking spaces, and the total price of the unit and parking spaces was nearly 70 million yuan.
In June 2018, Shaoye bought a high-rise unit in Ao Long, Sai Kung, for NT$33.8 million. (IG picture) Guan Zhibin rented the unit for 40,000 yuan last year. (Weibo@Guan Zhibin) Yuan Weihao and Zhang Baoer invested nearly 70 million in the market in mid-2020. (IG@_bowiecheung)
