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Jackie Chan’s seized residences to be auctioned in Beijing

Martial arts movie star Jackie Chan’s two luxurious Beijing residences will likely be put up for public sale on account of an possession dispute.

A authorized dispute between two actual property companies has resulted within the properties being commandeered and put up on the market, regardless of appeals by the star.

The adjoining residences in a residential compound within the capital metropolis are the place Jackie Chan and his household have lived since 2007. 

The 66-year-old star is finest identified for hit films ‘Rush Hour’ and ‘Police Story’. The purpose,  to public sale the properties, seems to be an possession concern.

As per media studies, the residences have a mixed space of 1,217 m2 (approx. 13,100 sq ft), six bedrooms and three residing areas.

The market worth of the properties is reported as $14.6 million, although they’re to be provided at public sale on September 30 with a beginning value of $10.5 million.

Chan is known to have paid some $4.9 million for the pair after doing a little promotional work for the developer Yujia Real Estate.

 The residences are reportedly being claimed as Yujia-owned belongings in a dispute over funds between Yujia and one other developer Tenhong Real Estate. In July, a court docket ordered the seizure of Yujia’s belongings and ordered them to be offered.