Chinese Buyer With CCP Ties Behind Vancouver Real Estate Mega-Deal

Commentary A $39.9 million Vancouver real estate listing is drawing attention, Business Intelligence for BC (BIV) reports, not just for the high price but because the owner had listed her occupation as “student.” That was hardly the only unusual aspect of the deal for the upscale property, and others in the immediate area. Hanying Chen listed her occupation as “student” when she bought the Drummond Drive property for $14.68 million in 2012. How the student managed to come up with the money remains a mystery. According to realtor Vivian Li, Chen became the founder and director of Circle Bright Productions, a live theatre and arts company that focuses on Chinese and English audiences. Hanying Chen’s $39.9 million listing is near another Drummond Drive property that sold for $51.8 million in 2015. The buyer was Mailin Chen, and when BIV asked Li if Hanying Chen and Mailin Chen were related, the …
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