Jackie Chan’s apartments seized, soon to be put on auction
Local media reported that one of the two apartments is the same where Chan’s son was arrested in 2014 due to illegal possession of Marijuana
After an ownership dispute regarding two apartments of the prominent star Jackie Chan, the apartments are forcibly being put on auction.
As reported by Variety, it's the same apartment where Chan and his family have lived since 2007. The area is said to be around 13000 square feet with six bedrooms and three living areas.
Chan is believed to have paid 4.9 million for the two apartments; the rest of the cost was adjusted as he did promotional work for the developer Yujia Real Estate.
However, it seems Yujia didn't properly transfer the rights to Jackie Chan and the apartments are still being claimed as Yujia Real Estate assets.
The apartments are being considered as Yujia-owned assets in a dispute over payments between Yujia and another developer Tenhong Real Estate. It was ordered in July that all Yujia assets will be seized and sold.
Jackie Chan has other properties scattered around the country, even one in Hong Kong. This is not a surprise as he is one of the best-paid stars in China with wide-ranging business interests.
Local media reported that one of the two apartments is the same where Chan's son was arrested in 2014, leading to his 6-month jail for Marijuana possession.
On the professional front, Chan will soon be seen in the film "Vanguard". It's a spy-thriller that was scheduled to release a few months earlier but was delayed as a result of the ongoing pandemic.