By South China Morning Post | Created at 2025-03-24 06:58:08 | Updated at 2025-03-26 03:22:16
1 day ago
Cantopop singer Gloria Tang Tze-kei has seized on the weakness in the city’s property market to acquire two flats at a 35 per cent discount compared with a peak three years ago.
The celebrity, who goes by the stage name G.E.M., bought two 2,480 sq ft units in Leon Court at Wong Nai Chung Gap Road in Wan Chai for a combined HK$85 million (US$10.9 million). The transactions were completed in early March under her original name Tang Sze-wing, according to the Land Registry.
The previous owner combined the two flats into a duplex, according to agents. The transacted price represented a discount of 35 per cent, as another unit on a higher floor of the same building sold for HK$65 million in 2022, according to data on Centaline’s website.
Tang, who was born in 1991, is also called “China’s Taylor Swift” because of the similarities she shares with the American pop star, as both are known for writing their own songs, often about love and romance.
Hong Kong property is one of the preferred investments of the city’s celebrities.
