Jackie Chan’s seized apartments to be auctioned in Beijing
Martial arts movie star Jackie Chan’s two luxurious Beijing residences can be put up for public sale as a result of a possession dispute.
An authorized dispute between two actual property corporations has resulted within the properties being commandeered and put up on the market, regardless of appeals by the star.
The adjoining residences in a residential compound within the capital metropolis are the place Jackie Chan and his household have lived since 2007.
The 66-year-old star is greatest identified for hit motion pictures ‘Rush Hour’ and ‘Police Story’. The rationale, to public sale the properties, seems to be a possession situation.
As per media reviews, the residences have a mixed space of 1,217 m2 (approx. 13,100 sq ft), six bedrooms, and three dwelling areas.
The market worth of the properties is reported as $14.6 million, although they’re to be supplied at public sale on September 30 with a beginning worth of $10.5 million.
Chan is known to have paid some $4.9 million for the pair after performing some promotional work for the developer Yujia Actual Property.
The residences are reportedly being claimed as Yujia-owned property in a dispute over funds between Yujia and one other developer Tenhong Actual Property. In July, a court docket ordered the seizure of Yujia’s property and ordered them to be bought.