Opened in 1928, during an era when everything was grand and opulent, the Peninsula Hotel Hong Kong has long been considered one of the world’s finest hotels.

It offers the ultimate in luxury accommodations with the most spacious hotel rooms and suites in Hong Kong.

The 26th-floor Peninsula Suite at the Hong Kong Peninsula has been regarded as the most luxurious suite in Asia. The 26th floor suite offers panoramic views of Victoria Harbor and Hong Kong Island.

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.

Acker Merrall & Condit conducted its first wine auction in Hong Kong on May 31, which realized $8.2 million and established new record.

The total was the highest for any wine auction held in Hong Kong to date (the sales was held in the wake of new Hong Kong legislation that abolished all taxes and duties on wine).

Bidding was fiercely competitive for a case of 6 magnums of Château Mouton Rothschild 1945 which fetched HK$1,306,000 (US$167,436) and a case of 12 bottles of Château Mouton Rothschild 1945 sold for HK$1,210,000 (US$155,128).

Founded in 1843, the house of Krug has been providing the world with fine champagnes for six generations now and the legendary winemakers have now collaborated with equally celebrated trunk-maker Pinel & Pinel to create a limited edition Krug Escape Artist champagne trunk collection.

It consists of three different trunk designs, each of which is covered and lined in fine leather. Each also contains, in addition to two bottles of Krug, its owner’s ‘preferred means of escape’ – through gambling, cigar-smoking or music.

The first trunk design features a red calfskin exterior with shiny nickel-plated brass hinges and corners with brown calfskin lining. A drawer contains two packs of poker cards made by ‘Bee’, five casino dice and 200 professional 11g chips, while the doors house two bottles of Krug Grande Cuvée.

The Krug Escape Artist Trunk also contains four Baccarat crystal glasses, a Krug stopper and a Krug champagne cooler, created exclusively for the collection by leading designer François Bauchet. Lastly, a secret drawer holds four Pinel & Pinel nickel-plated brass coasters with leather base.

Moët Hennessy Asia Pacific has made one trunk each of this design available at the DFS Wine Shop in Singapore Changi Airport’s Terminal 3 and Sky Connection in Hong Kong International Airport where it is retailing at HK$188,000 ($24,000 usd).

The second trunk design features a blue lambskin exterior and off-white calfskin lining. It pairs a cigar holder, XCAR cigar cutter and DuPont cigar lighter with two bottles of Krug 1995. The third Krug Escape Artist Trunk has a silver lambskin exterior and pink calfskin lining. Contained within are a state-of-the-art Samsung T9 MP3 video player with Bluetooth technology and a JBL ‘On Tour Plus’ sound system, alongside two bottles of Krug Rosé.

Louis Vuitton is always bringing new innovative ideas to the luxury goods market : starting on June 16th for $17 you can experience “it’s most affordable travel-themed product yet”.

The French luxury giant has created MP3 audio guides for three Chinese cities, with one-hour walking tours narrated by famous actresses: Gong Li for Beijing, Joan Chen for Shanghai and Shu Qi for Hong Kong.

The audio guides were produced in collaboration with Soundwalk and will be launched in tandem with the Olympic Games in Beijing this summer.

You will be able to download the audio guides at louisvuitton.com and louisvuittonsoundwalk.com.

Via stylefrizz / nitrolicious

A model poses with a tiara bearing a 101.27-carat shield-shaped diamond during a preview by the Christie’s auction house in Hong Kong on April 22, 2008.

The tiara has an estimated value of 6-7.5 million USD) and will be auctioned at the company’s spring sale of jewels on May 28. Via AFP / USAtoday.