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Investor sells house in Residence Bel-Air for HK$175 million 

According to the Land Registry, veteran investor Sze Kai Lung or related parties has sold a house (3,792 sq ft saleable), Phase 5, Residence Bel-Air, Pokfulam for HK$175 million (HK$46,150 per sq ft saleable). Sze, who bought the property in 2013 for HK$131 million, has earned a profit of over HK$43.5 million.

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