Canto pop star Joey Yung has sold her flat in Causeway Bay at a loss of about HK$1.1 million (US$140,966), according to sources familiar with the deal, joining a wave of Hongkongers selling their homes for a loss as they flee the city’s worsening Covid-19 situation.

The one-bedroom 465 sq ft flat at Park Haven, which was held by a company jointly owned by Yung and her mother, sold for HK$10.25 million, the sources said. The selling price was 9.7 per cent below the HK$11.35 million paid for it in 2012.

Yung’s assets and investments are all overseen and managed by her mother, so she is not fully aware of the details, her publicist at Emperor Entertainment Group said in a response to a query by the Post.