The two buildings of DLG Mansion, with over 150 luxury units, 120 high-end apartments in Sham Shui Po, and 160 high-end residences in Causeway Bay, she plans to sell them all.
General Manager Chen Ming was taken aback: "Boss, DLG Mansion is prime property, once you sell, you can't buy it back."
Selling the apartments in Sham Shui Po and Causeway Bay is acceptable, as they can be replaced with properties in better locations with better facilities. But the luxury units in DLG Mansion have tenants of status, bring high rental income, and have appreciated significantly in the past six months. With the real estate market booming in Hong Kong, the prices at DLG Mansion are certainly on the rise; selling now would be too much of a loss.
Lu Jiaxin said, "I have a major project in hand and currently lack funds, so I need to recoup some of it. Selling the two buildings of DLG Mansion, but not the land; I'll build a third building in a few days."
