Singer Ivana Wong bought a home in Aria for $17.6 m

Hong Kong singer Ivana Wong Yuen-chi purchased a three-bedroom unit and a parking space for HK$17.6 million at the Aria project in Ngau Chi Wan, marking her return to the property market after almost 15 years. 

The unit measures 1,164 square feet, with a per-sq-ft price at HK$15,137. Its transaction price represents a HK$1.67 million, or 10.5 percent, higher than The Hongkong and Shanghai Banking Corporation's valuation of HK$15.9 million.

Previously, Wong bought a home at the same project for HK$7.49 million in 2010 and sold it for HK$7.58 million after two years. It delivered a paper gain of 1 percent, while it may have represented a loss after deducting the costs.