Rosamund Kwan, queen of property market?

Seems like Rosamund Kwan made the right move in quitting showbiz.
In addition to endorsements every now and then, the former top actress is reportedly only earning her keep through property investments these days. Yet, she’s earning more than during her heyday in the entertainment business.
Hong Kong media said the actress could be worth up to HK$500 million (S$88 million) in a few weeks’ time, if she sells a mansion she owns in Hong Kong’s Repulse Bay.
According to sources, Rosamund is a sharp and skillful player in the field, surprising even professional investors. When she bought the unit at The Nautilus for HK$113 million (S$20 million) in 2007, it already had excellent location and fengshui, but she poured in an additional S$600,000 to refurbish its interior.
Today the mansion is worth HK$240 million.
Since Rosamund, known for her ’13th Aunt’ roles in the Once Upon A Time In China series, officially retired in 2007, two Hong Kong assets have passed through her hands that earned her HK$150 million (S$26 million).
An unnamed close friend of hers revealed that the actress had been learning the tricks for some time, “She’s very good. A lakeside villa she bought in Beijing five years ago is now priced two-fold.”
Posted in Chinese Entertainment, newsfeed by spcnet.tv | No Comments »
April 30th, 2010






