Zheng Jiacheng purchased a three-bedroom unit in Victoria Centre for HKD 22.05 million

Local media reports that New World (00017.HK) member Zheng Jiacheng of the Zheng family recently spent HKD 22.05 million to purchase a 3-bedroom unit at Victoria Centre in Fortress Hill, with a usable area of 1,031 square feet, at a price of over HKD 21,387 per square foot for a property approximately 45 years old.

According to the information, the unit C on a high floor of Block 2 at Victoria Centre has a layout of 3 bedrooms and 1 living room. The buyer registered it under the name of Xingxi Investment Limited, with Zheng Jiacheng as the director. He is the younger brother of Zheng Jiachun, the current chairman and executive director of New World and the second son of the late founder "Uncle Tong" Zheng Yutong. He currently serves as a non-executive director of New World and as a director of Chow Tai Fook Enterprises and other companies