---
title: "The chairman of UNIVERSE ENT sold Half Mountain No. 1 in Ho Man Tin for HKD 21.5 million, earning a profit of HKD 1.811 million"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/254351225.md"
description: "Chairman of UNIVERSE ENT, Lin Xiaoming, recently sold a high-floor unit at Ho Man Tin Hill One for HKD 21.5 million, with a usable area of 1,137 square feet and a three-bedroom layout. The unit was originally listed at HKD 25.5 million, and the final transaction price was 4.2% lower than HSBC's valuation. Lin Xiaoming purchased the unit in 2009 for HKD 19.689 million, holding it for about 16 years, with a paper profit of HKD 1.811 million, appreciating by 9.2%"
datetime: "2025-08-25T01:26:59.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/254351225.md)
  - [en](https://longbridge.com/en/news/254351225.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/254351225.md)
---

# The chairman of UNIVERSE ENT sold Half Mountain No. 1 in Ho Man Tin for HKD 21.5 million, earning a profit of HKD 1.811 million

According to reports, UNIVERSE ENT (01046.HK) Chairman and Executive Director Lin Xiaoming recently sold a high-level unit at 17 Hillside Drive, Ho Man Tin. The unit has a usable area of 1,137 square feet and a three-bedroom layout. The original asking price was HKD 25.5 million, which was ultimately reduced to HKD 21.5 million, with a price per square foot of HKD 18,909. This price is HKD 950,000 or 4.2% lower than HSBC's online valuation of HKD 22.45 million.

Additionally, data shows that a similar unit on the lower floors of the same building was sold for HKD 21.88 million in the middle of this month. Lin Xiaoming's selling price is HKD 380,000 or 1.7% lower than that.

It is reported that Lin Xiaoming purchased this unit for HKD 19.689 million back in 2009, holding it for about 16 years, with a paper profit of HKD 1.811 million, representing a 9.2% appreciation

### Related Stocks

- [01046.HK](https://longbridge.com/en/quote/01046.HK.md)

## Related News & Research

- [PRES TRUMP CANCELS SIGNING OF FRESHLY PASSED HOUSING BILL, ADDING IT TO HIS HOSTAGE CAMPAIGN TO GET 'SAVE AMERICA' VOTING RIGHTS BILL PASSED FIRST](https://longbridge.com/en/news/290712240.md)
- [Imperium Technology corrects Chinese timetable for nil-paid rights share dealings under rights issue](https://longbridge.com/en/news/290510261.md)
- [CITIC Resources announces special general meeting](https://longbridge.com/en/news/290554976.md)
- [Malton partners NVIDIA cloud partner Ricloud for AI compute centers in Malaysia](https://longbridge.com/en/news/290668516.md)
- [China Ruyi Wins Shareholder Backing for All AGM Resolutions and Capital Mandates](https://longbridge.com/en/news/290465573.md)