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Jackie Chan's luxury Beijing condos up for auction in ownership row

  (Agence France-Presse)
Beijing
Wed, September 2, 2020 Published on Sep. 2, 2020 Published on 2020-09-02T09:56:08+07:00

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Jackie Chan's luxury Beijing condos up for auction in ownership row Actor Jackie Chan attends The Los Angeles Premiere of The Foreigner, on Oct. 5, 2017, in Hollywood, California. (AFP/Valerie Macon)

T

wo luxury Beijing apartments seized from martial arts film star Jackie Chan will be put up for auction for around $10 million due to an ownership dispute, according to court documents seen by AFP.

The action star, 66, best known for hit movies "Rush Hour" and "Police Story", sparked controversy in 2013 when he joined China's top political advisory body despite being born in Hong Kong, where his reputation has taken a beating over his pro-Beijing stance.

Chan and his wife Joan Lin and son Jaycee Chan have lived in the high-end properties since 2007.

But a legal dispute between two real estate firms has resulted in the properties being commandeered and put up for sale, despite appeals by the star.

Chan signed an agreement with Yujia Real Estate in 2006 to buy the two units, which cover more than 1,200 square metres (13,000 square feet), according to a court judgment published in July.

The actor paid 13 million yuan ($1.9 million) -- a 20.6 million yuan discount over the original purchase price, in exchange for a celebrity endorsement of the compound in a prime area of central Beijing.

But court papers outline problems including a change in Yujia's company name, as well as tax arrears, which delayed the transfer of the property rights to Chan.

Read also: Stephen Chow mortgages his luxury mansion in Hong Kong amid possible financial woes

A general view shows a luxury apartment building, where two flats in which Hong Kong-born actor Jackie Chan and his family had lived, in Beijing on September 1, 2020.
A general view shows a luxury apartment building, where two flats in which Hong Kong-born actor Jackie Chan and his family had lived, in Beijing on September 1, 2020. (AFP/Nicolas Asfouri)

Another developer, Tenhong Real Estate, later filed for arbitration with Yujia to settle debts and the two properties were among those seized in 2017.

According to an online listing seen by AFP, the price for the two flats in the Chinese capital will now start from 71.9 million yuan ($10.5 million), with bidding to begin later this month.

A virtual tour of the property showed a maze-like space with a pool table, at least two walk-in wardrobes, a wine fridge and a framed photograph of Chan meeting former US president Barack Obama.

The property was also the scene of a 2014 drug scandal involving Chan's son Jaycee, who served six months in a Chinese prison after he was found to be providing a venue for others to use drugs and possession of 100 grams of marijuana.

The properties are now valued at more than 100 million yuan, according to the auction listing.

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