Tycoon Joseph Lau Luen-hung’s eldest son, Lau Ming-wai, is trying to sell two houses on The Peak for almost HK$1 billion (US$127.52 million) in total, according to sales documents seen by the Post.

The younger Lau, chairman of Hong Kong-listed developer Chinese Estates Holdings, has appointed Centaline Property Agency to market houses A and D at 31 Barker Road. The three-storey detached houses in Hong Kong’s most exclusive residential neighbourhood enjoy a full Victoria Harbour view.

The four-house 31 Barker Road project was developed by Chinese Estates and completed back in 2003. It is close to the residences of top government officials, businessmen and consuls.