Jacky Cheung and May Lo’s US$55 million Repulse Bay apartment: the Hong Kong celebrity couple is selling their former home for almost 10 times more – but what other properties do they own?

Jul 9 , 2021

Singer Jacky Cheung’s luxury duplex in The Somerset in Repulse Bay, up for sale at HK$430 million, is just one of five properties he owns in the city. Photos: @dreampixels_hk/Instagram, hongkongcard.com, SCMP Archives

One of Hong Kong’s ‘Four Heavenly Kings of Cantopop’ alongside Andy Lau, Leon Lai and Aaron Kwok, Jacky Cheung rakes in millions from his property portfolio

He was No 57 on Forbes’ list of richest Chinese stars in 2017 with US$18.5 million – Fan Bingbing was No 1 – and owns lucrative property in Jardine’s Lookout

When you’re dubbed the “God of Songs” and one of the “Four Heavenly Kings of Canto-pop” (along with fellow crooners Leon Lai, Andy Lau and Aaron Kwok), the world is your oyster – or Hong Kong is, at least.

Jacky Cheung, Leon Lai, Andy Lau and Aaron Kwok – more affectionately known as The Four Heavenly Kings – in their heyday. Photo: @andysunwan/Instagram

Jacky Cheung, 60, might be one of the city’s pop culture icons, but today his portfolio extends from the film and music industry to property, thanks to a number of shrewd investments.

Jacky Cheung in a recent photo shoot. Photo: @fridayomusic/Instagram

This was recently highlighted when his luxury duplex at The Somerset in Repulse Bay was reportedly put up for sale on June 29. The flat that Cheung and his wife – former Hong Kong actress May Lo – are selling, was originally two separate units and is 4,655 sq ft. The couple bought the first unit in 1993 and the second in 2004, for a total of US$5.7 million (HK$46.3 million).

The selling price of this property today is US$55 million (HK$430 million). Yes, more than nine times their purchase price. The flat comes with four parking spaces and the building has a shared swimming pool and playground.

The Somerset building in Repulse Bay on the back of Hong Kong Island. Photo: hongkongcard.com

The couple has already moved into their new home, which is the reason they are selling this duplex that they, along with their daughters – Zoe, 20 and Zie, 15 – have lived in since it was refurbished.

The Somerset is located in Repulse Bay, an area known to have some of Hong Kong’s most expensive properties – which is to say, some of the world’s most expensive. Though it welcomed its first occupants in the early 1980s, the selling price for a three-room unit is around HK$95.8 million. Renting the same unit can cost a cool HK$189,000 per month. Needless to say, it’s a lavish address.