Singaporean pays US$72m to join Richard Li, Pony Ma in Hong Kong’s most exclusive enclave

A Singaporean buyer linked to an investment firm paid HK$562.6 million (US$72 million) for a historic mansion in Hong Kong’s Shek O, gaining entry into one of the city’s most exclusive residential communities where neighbours include PCCW chairman Richard Li Tzar-kai and Tencent Holdings CEO Pony Ma Huateng.
Land Registry records showed Jennifer Tzelee Teo bought 14 Shek O Road, known as The Round House, under a sale and purchase agreement signed on May 11.

The house was long home to the family...