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Most expensive flat in Asia sold in Hong Kong

A luxury flat in Hong Kong has sold for 225 million Hong Kong dollars (28.8 million US), the most expensive apartment per square foot ever sold in Asia ($41,000 HKD per square foot), a report in the Sing Tao Daily said. The 80th floor penthouse has a private swimming pool and spectacular view of Hong […]

Jun 21, 2008 | By Luxuo

A luxury flat in Hong Kong has sold for 225 million Hong Kong dollars (28.8 million US), the most expensive apartment per square foot ever sold in Asia ($41,000 HKD per square foot), a report in the Sing Tao Daily said.

The 80th floor penthouse has a private swimming pool and spectacular view of Hong Kong’s Victoria Harbour. The 5,497-square-foot (511-square-metre) flat, with its own roof-top terrace, is located in a new complex called The Arch, in Hong Kong’s Kowloon area.

The new tower is attracting multinational firms away from the central business district, where rocketing property prices have scared away even the world’s richest firms – Source : AFP.


 
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