It is reported that Lü Lianpu, Executive Director and President of Java Holdings (00251.HK), along with related parties, has sold a mid-level unit at Hing King Terrace, No. 4A Wong Nei Chung Gap Road, East Mid-Levels, for HKD 45 million. The unit has a usable area of 1,912 square feet, featuring four bedrooms and three en-suite bathrooms, priced at approximately HKD 23,536 per usable square foot.
Lü Lianpu and related parties initially purchased the property in August 2011 for HKD 42.3 million and removed their names from the title in June 2017. After holding the property for 14 years, they made a nominal profit of HKD 2.7 million, or 6.4%, from this transaction.