Shuli Ren, Columnist

Socialite’s Death Shows Hong Kong Property Market’s Dark Side

The city is trying to rebuild its reputation as a global financial hub. Overhauling its real estate taxes would be a good start.

Her death has dominated the news in Hong Kong.

Photographer: Peter Parks/AFP/Getty Images

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A gruesome death is sending shockwaves across Hong Kong, a city known for its safety and low crime rates.

The 28-year-old socialite and model, Abby Choi, met her untimely end over what was believed to be a luxury apartment she had bought under the name of her former father-in-law. When she planned to sell the 1,820 square foot flat, purchased for over HK$70 million ($8.9 million) in late 2019, the family reportedly objected. To local residents’ horror, the killers allegedly used the recipe for traditional Cantonese slow-cooked soup to dispose of her body.