---
title: "Chen Qinjie sold the four-bedroom property at Ligen Dege for 81.8 million"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/261051986.md"
description: "Chairman of MOISELLE INT'L, Chen Qinjie, sold a 4-bedroom unit at the Landmark in Mid-Levels for HKD 81.8 million, which is 14% lower than the peak price but 13% higher than the online valuation. The unit has a usable area of 2,429 square feet, with a usable price per square foot of HKD 33,676. Chen Qinjie has recently reduced his property holdings, having sold the entire 23rd floor of the China Overseas Building in Sheung Wan last month for HKD 220 million, which is a significant decrease of HKD 332 million from the purchase price"
datetime: "2025-10-14T11:22:14.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/261051986.md)
  - [en](https://longbridge.com/en/news/261051986.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/261051986.md)
---

# Chen Qinjie sold the four-bedroom property at Ligen Dege for 81.8 million

MOISELLE INT'L ( 00130) Chairman and Executive Director Chen Yin-jie recently sold a 4-bedroom unit in the Mid-Levels at HKD 81.8 million, which is about 14% lower than the peak price but 13% higher than the online valuation.

According to the information, the unit C on the high floor of Block 3 in the Mid-Levels has a usable area of 2,429 square feet with a 4-bedroom layout; it was recently sold along with 1 parking space for HKD 81.8 million, resulting in a usable price of HKD 33,676 per square foot. The agent stated that the original owner was Chen Yin-jie, the Chairman and Executive Director of MOISELLE INT'L, who purchased it in 2011 through a company equity transfer, though the purchase price is not disclosed. The buyer is expected to be Zheng Jian-shan, the son of former National Committee member Zhang Yong-zhen.

Chen Yin-jie has previously invested in various types of properties and has recently been reducing his property holdings. Last month, he sold the entire 23rd floor of the Zhongyuan Building in Sheung Wan for HKD 220 million. The floor area is approximately 19,746 square feet, with a usable price of HKD 11,141 per square foot; he purchased the property in 2009 for nearly HKD 200 million and listed it for HKD 552 million in 2021. The transaction price is about HKD 332 million or approximately 60% lower than the asking price four years ago, and he only made a profit of over HKD 20 million or 10% compared to the purchase price 16 years ago

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