HK's 'most expensive haunted house': HK$560M Peak Road mansion witnesses tragedy

A mansion at No. 1 Peak Road, previously owned by martial arts novelist Louis Cha Leung-yung, or Jin Yong, and currently belonging to Chongqing billionaire Cheung Chung-kiu, became the scene of a tragedy on Tuesday when a 31-year-old Filipina domestic worker was found dead in an apparent suicide.

The three-story villa, now valued at over HK$560 million, stands as what local media describes as Hong Kong's "most valuable haunted property" following the incident.

Cheung, often referred to as the "Chongqing Li Ka-shing," purchased the property in 2004 for HK$138 million and reportedly still resides there.

The mansion's storied history includes ownership by the U.S. government before being acquired by local businessmen in 1982. Cha, the celebrated author of "The Legend of the Condor Heroes," bought the property with his wife in 1985 for HK$12 million and sold it in 1996 for HK$196 million after 11 years of ownership.

Located in Hong Kong's most exclusive residential area, where prices typically exceed HK$10,000 per square foot, the 5,642-square-foot property represents one of the city's premium real estate assets.