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Story perspectives

Former Exec Sells HK Home for $319 Million Profit

12/4/2025

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Story summary
  • Lawrence Lam Yuk-kun, former finance executive and independent non-exec director at Sany Heavy Industry, sold his Southern District home for HK$319 million.
  • He rents a 4,715 sq ft The Peak home for HK$525,000 monthly.
  • Lam sold Deep Water Bay property to True Gain Capital in late October.
  • He bought the house in 2004 for HK$88.8 million.
  • The sale price was about HK$82,026 per square foot, according to Land Registry records.