Hang Seng Bank chief Diana Cesar reportedly buys luxury flat for over HK$26 million

Hang Seng Bank (0011) chief executive Diana Cesar has reportedly purchased a unit at the long-established luxury residence Flora Garden in Tai Hang Mid-Levels for HK$26.63 million.

The three-bedroom flat, with a saleable area of 1,193 square feet, changed hands at about 29 percent above the bank’s online valuation of HK$20.72 million, local media said. 

Flora Garden on 7 Chun Fai Road in Wan Chai consists of three blocks with 240 units ranging from 1,011 to 1,193 sq ft. Known as a prestigious development in the district, it has drawn notable owners in the past, including members of the Ma family of Dah Sing Banking (2356) and singer Gigi Lai Chi.