Tag Archives: Hong Kong

Hong Kong Condo Sells for $76.7 million

In a story that slipped beneath the holiday season radar, a new Hong Kong apartment has been crowned most expensive in the city, and possibly Asia (excluding the Middle East). The luxury apartment in Hong Kong sold for a record HK$594.7 million ($76.7 million), days before Christmas, according to reports in December 2015.

The unidentified buyer paid more than HK$103,700 per-square-foot for the 5,732 square-foot (532 square-meter) unit at the luxury 39 Conduit Road apartment tower in the Special Administrative Region’s upmarket Mid-Levels residential area, The Apple Daily and The Standard reported.

The condominium, on the 46th floor with a view of the iconic Victoria Harbour and a 1,754 square-feet rooftop, had a list price of HK$646.48 million on developer Henderson Land Properties’ website according to the South China Morning Post.

The price beats the previous record HK$470 million paid for a luxury unit, which takes up the entire eighth floor of the Opus Hong Kong, a 12-storey residential building designed by Pritzker Prize-winning architect Frank Gehry, in 2012.

Henderson Land was not available for comment when the AFP picked up the story. As of the publication of this story, no word has emerged on the identity of the buyer nor of any official comment on the sale.

This comes as analysts said a US interest rate hike could put an end to the housing boom in the Chinese city, which maintains a decades old peg with the US dollar.

Hong Kong-based brokerage CLSA warned the residential market was at a “turning point”, with prices possibly dropping 17 percent by 2017, while other firms have tipped falls of up to 30 percent.

Hong Kong’s de facto central bank raised its base interest rate by 25 points to 0.75 percent after the US Federal Reserve announced its first rate increase in more than nine years.

But chief analyst for Midland Realty Buggle Lau said the record-breaking purchase does not reflect the bigger picture of the overall property market in the city.

“The super-rich, I don’t think the small increase in the interest rates have any impact on their purchasing power,” Lau said.

“This is exceptional, it can’t reflect the whole market,” which he described overall as “sluggish”.

Property prices in Hong Kong, famous for its sky-high rent and super-rich tycoons, have more than doubled in six years due to record low interest rates and a flood of wealthy buyers from mainland China.

Many residents complain they can no longer afford decent accommodation in the city of seven million people, and analysts say property ownership is out of reach even for the upper middle class.

This report was compiled by in-house writers, in combination with a wire report and image from the AFP.

Big Air: Haiku 60-inch Ceiling Fan

The Haiku 60 fan is the first from Big Ass Fans – a company that literally makes its tongue-in-cheek namesake in products – designed with homes and small spaces in mind. It is the world’s most efficient, quiet, and sustainable ceiling fan, according to the manufacturer’s notes and its Energy Star ranking. It might also be the biggest ceiling fan of its kind but we digress… The Haiku Fan combines a sleek minimalist look and sculpted fan blades with highly efficient operation. Equipped with a special ultra-efficient direct current (DC) motor, its precision hand-balancing and silent operation combine for impeccable performance. Haiku is handcrafted with premium materials, including sustainable Moso bamboo, durable glass-infused matrix composite, and polished aircraft-grade aluminum. Big Ass Fans introduced bamboo to their Haiku fans because huaren (Chinese people) naturally gravitate toward bamboo as a material.

Bamboo plays a vital role in huaren culture: its influence can be found in almost every facet of life and it has long been rooted in the history and culture of huaren. Bamboo symbolizes virtue, which reflects the soul and the emotions of a person. Designed by a team of engineers who recognized an opportunity to reinvent the ceiling fan, Haiku’s revolutionary technology hides inside the seamless fit and finish at its center. The fan’s Sensorless Drive Technology™ reportedly delivers nearly twice the efficiency of conventional ceiling fan motors.

Designed for both residential and commercial applications, Haiku ceiling fans are frugal in their use of power, in the region of just 2-30 watts. A slim lightweight remote uses infrared signals to activate 10 control settings, including the exclusive Whoosh® (we love the names this Hong Kong company uses) mode to simulate the variations in natural airflow to make you feel 40 percent cooler than with steady airflow. Haiku’s patent-pending Thin Sheet™ airfoils span 60 inches (1.5m) and feature a unique aerodynamic profile, resulting in smooth and silent airflow. After hand-balancing, each Haiku is tested for silence in a sound chamber to detect even the slightest imperfections.

This story was originally published in Form magazine.

Pierce Brosnan as James Bond

James Bond exhibit comes to The Peninsula Hong Kong

peninsula-hotel-helicopter

For fans of the world’s most famous spy, The Peninsula Hong Kong will be hosting an “All About Bond at The Peninsula” exhibit that traces the many cinematic faces of the MI6 agent throughout the years, as seen through the lens of O’Neill, photographer to the stars.

Photos include classic black and white portraits of Roger Moore, Sean Connery, along with Pierce Brosnan and Daniel Craig, who reprises his role as Bond for the fourth time in “Spectre.”

Roger Moore and his James Bond girls

A selection of Bond girls will likewise be on display.

The Peninsula has long had ties to the Bond franchise. In 1974, The Man with the Golden Gun was partly filmed at the hotel, and the cast and crew (including Roger Moore) stayed there during the filming.

The Peninsula will also host a VIP Artist Talk with O’Neill on November 4 at their Felix restaurant. Later in the evening, Gaddi’s will host an exclusive “License to Thrill” VIP champagne-pairing dinner with Bollinger champagne, which is often featured in the Bond movies.

For fans looking to live like Bond for a few days, the hotel has created “A Bond-worthy Stay” package that includes dinner for two at their French restaurant Gaddi’s, a pair of “Shaken Not Stirred” cocktails, chauffeured rides in a Rolls-Royce, and a bottle of the Bollinger Spectre champagne.

Pierce Brosnan as James Bond

The Peninsula’s gala dinner will be held November 4. Tickets are $3,288 HKD ($425). The exhibit runs November 4 to December 10.

The Bond hotel package is available between November 1 and November 30 and is priced at $8,740 HKD ($1,130 USD) a night.

The Peninsula Hong Kong

intercontinental hong kong

InterContinental Sells Hong Kong Hotel for $938 Million

intercontinental hong kong

InterContinental Hotels Group has agreed to sell its ownership interest in InterContinental Hong Kong to Supreme Key for $938 million.

Supreme Key has made a further commitment to invest in a significant refurbishment of the hotel. This is expected to commence in 2017 and will take place over a period of approximately 18 months.

intercontinental hong kong

IHG will retain a 37-year management contract on the hotel, with three ten-year extension rights, giving an expected contract length of 67 years.

InterContinental Hong Kong infinity pool

The hotel is internationally-acclaimed as one of the world’s most famous hotels, with a five-star rating from the Forbes Travel Guide, three Michelin-starred restaurants, and a wide range of meeting and banqueting facilities.

intercontinental hong kong

It is situated on the Kowloon waterfront, with unrivalled panoramic views of Victoria Harbour and Hong Kong’s skyline. The Hotel opened in 1980 and has 503 guest rooms, including 87 suites, and has been wholly owned by IHG and operated under the InterContinental brand since 2001.

UberCHOPPER HK

Uber brings helicopter rental service to Hong Kong

UberCHOPPER HK

Taxi-hailing app company Uber will offer its helicopter rental services UberCHOPPER in Hong Kong this Saturday from 12-5pm.

A 15-minute chopper ride, touring Hong Kong Island with breathtaking views of Victoria Harbour. Trips will cost HK$1,800 per person while the flying route is fixed; fliers will not be able to request their own destination.

Before soaring the skies, a door-to-door UberBLACK and to-and-from the Peninsula Hotel Helipad service will be provided by Nissan’s luxury car Infiniti. Air services will be provided by Heliservices Aviation.

Uber are also giving users the chance to win a free ride. Click here for the full details.

UberCHOPPER Hong Kong

To book, open the Uber app between 12pm and 5pm this Saturday and request “CHOPPER”. An Uber butler will call to confirm your ride.

calvin klein jeans hong kong-event

Calvin Klein brings Justin Bieber to Hong Kong

Bieber Hong Kong mycalvins

Justin Bieber made a flying visit to Hong Kong on Thursday, jetting in for an invite-only concert at Kai Tak Cruise Terminal.

The event was put on by Calvin Klein Jeans as part of its #mycalvins global campaign and Bieber was joined on the red carpet by supermodel, reality television star and fellow CK ambassador Kendall Jenner.

Korean-American singer Jay Park opened the event as guests filed into the cavernous venue that had Hong Kong harbour as a backdrop.

Bieber played an high energy set that momentarily came to a halt after the second song when he revealed to the crowd that he had torn his trousers.

Bieber Hong Kong

“After teasing the audience with the suggestion he take off his pants to reveal his brand-appropriate underwear, the singer disappeared for almost 10 minutes, returning in a new outfit and what should have been a truncated set,” according to the SCMP.

Calvin Klein Jeans event Hong Kong 2015

“Instead, a shirtless Bieber played three songs in an encore that included the new remix single Where Are U Now, produced by Skrillex and Diplo, ending, to the crowd’s delight, with his most widely recognised hit  Baby.”

In January, Bieber was unveiled as the new face of Calvin Klein Underwear, and of Jeans alongside Dutch model Lara Stone.

OPUS HONG KONG

Most expensive flat in Asia sold in Hong Kong: Report

OPUS HONG KONG

Swire Properties has sold a duplex apartment at Opus Hong Kong in Mid-Levels for HK$497 million, setting a record as Asia’s most expensive flat. [Update: A new record holder has emerged]

The 5,188 sq ft duplex flat A, on the ground and first floors of Opus Hong Kong at 53 Stubbs Road and including two car parking spaces, was sold yesterday at HK$95,971 per square foot.

Interior of Opus Hong Kong

That breaks the previous record for price per square foot, set in April, when Wang Shuang, paid HK$93,000 per square foot for a HK$433.8 million home on the 45th floor of 39 Conduit Road.

Opus Hong Kong

The Opus duplex has 5,188 sq ft of saleable area and a 3,245 sq ft garden which is not included in the saleable area. It has a 36 sq ft balcony and 113 sq ft of verandah.

Opus Hong Kong apartment

Opus, a 12-storey super- deluxe property completed in 2012, is dubbed Hong Kong’s most expensive apartment block.

Opus Hong Kong view

It is Frank Gehry’s first residential building in Asia and features an unusual twisted shape. Each unit has floor-to-ceiling windows and commands 360-degree views of Victoria Harbour and Mount Cameron.

Opus Hong Kong exterior

Source: PropGOluxury via SCMP

Hello Kitty Chinese Cuisine thumb

Hello Kitty-themed restaurant opens in Hong Kong

Attention Hello Kitty fans: Your favorite feline, whiskered, cartoon (non-cat) character now has her own restaurant in Hong Kong.

At the recently opened Hello Kitty Chinese Cuisine restaurant in Kowloon, fans can order 37 menu items that bear the character’s trademark bow, whiskers, ears and moon-shaped face.

Hello Kitty Chinese Restaurant

After years of negotiating with Sanrio, the Japanese company that owns the brand, restaurant owner Man Kwong won the rights to open a Hello Kitty-themed restaurant this year for the legions of fans in Hong Kong.

Hello Kitty Hong Kong Restaurant

Favorite dim sum items like dumplings and steamed buns are dressed in pink bowties dyed using beetroot juice, while her beady black eyes are created using squid ink.

Hello Kitty Dim Sum

Nests of noodle baskets shaped in the silhouette of Hello Kitty cradle shrimp and vegetables while stir-fried noodles are adorned with a deep-fried noodle bow and portions of rice are given whiskers, eyes and a green bean or carrot bowtie.

Hello Kitty Kowloon Restaurant

Every menu item has been tested and approved by Sanrio executives. The Hello Kitty Chinese Cuisine restaurant opens officially June 1.

Swatch watches

This Swatch collection could fetch millions

 Swatch watches

One of the biggest private collections of Swatch watches in the world will go under the hammer in Hong Kong this week and is expected to fetch more than US$13 million.

Credited with breathing new life into the ailing Swiss watch industry after its launch in 1983, Swatch quickly became a cultural phenomenon with its multi-coloured plastic designs and largely affordable price tags.

DON’T MISS: SMART SWATCH TO LAUNCH IN THREE MONTHS

The massive collection of more than 5,800 Swatch watches — including limited editions by artists including Kiki Picasso and Keith Harin will be sold as a “superlot” at Sotheby’s on Tuesday.

It is the pride and joy of Luxembourg-based Paul Dunkel, 68, who has spent more than two decades tracking down almost all the watches Swatch created in its first 25 years.

And it is clearly a wrench for the retired insurance broker to say goodbye to the collection. “For me, it’s not possible to continue (collecting). It’s so much work. The young people must continue,” he told AFP.

Dunkel’s obsession started in the 1980s. Already a collector of abstract art, he realised that some of his favourite artists were designing for Swatch, so he began collecting the watches and related artwork.

Dunkel has travelled far and wide to seek out pieces and has paid thousands of euros for some.

But his favourite is a simple 1994 design covered in white sheep, with one black one tucked away on the strap. He has a tie to match.

“Swatch is universal,” says Dunkel. “You can have one for every day of the week. I often wear one.”

amfAR gala in Hong Kong

Victoria Beckham plans to open store in Hong Kong

Victoria Beckham at her new store

Victoria Beckham has said that she will open her next fashion boutique in Hong Kong, after visiting the city for a star-studded AIDS benefit gala.

The British designer told the South China Morning Post that she was scouting locations — she already has one store in London.

“I would love my second worldwide store to be in Hong Kong, so I’m here also looking at space and speaking to all my retail partners,” she told the newspaper’s fashion editor Jing Zhang in an interview.

Beckham was in Hong Kong over the weekend for the amfAR AIDS research fundraiser where she was joined on the red carpet by film star Gwyneth Paltrow and models Naomi Campbell and Kate Moss.

amfAR gala in Hong Kong

Her trip also coincided with Art Basel, Asia’s largest art fair which draws celebrities to the city each year.

The mother-of-four said she would like to bring her family to Hong Kong — although she said they had no plans to move here.

“It just makes sense for this to be my next ‘home’, and by that I don’t mean I’m going to move here,” she said.

“But I do want to spend a lot of time here, there’s such an energy and it’s such an exciting place to be, I want to bring the kids here.”

amfAR gala in Hong Kong

Beckham had revealed that she was looking to Asia for her next store during her New York runway show in February, saying that she would be flying to Hong Kong and Beijing in the coming weeks.

“I love the women there. They really understand fashion and style; they’re beautiful. So why not Asia?” she told AFP.

Hong Kong is crammed with luxury malls and is a magnet for high-end shoppers from the city and abroad.

Beckham, 40, opened her first store in London’s Mayfair in September.

 

Chinese Guan Vase

Ancient Chinese vase set to fetch $7 million in Hong Kong

Chinese Guan Vase

A simple Chinese vase made over 800 years ago and unveiled in Hong Kong Monday is expected to fetch HK$60 million ($7.7 million) when it goes under the hammer next month, Sotheby’s said.

The plain octagonal piece, tinted a milky blue, was created during the Southern Song Dynasty and is just 20 centimetres (eight inches) tall.

Guan Vase Southern Song Dynasty

Despite its simplicity it represents the most coveted art of the period, Sotheby’s said, since it is part of a rare collection crafted for the imperial court, known as “guan yao” or “official ware”.

The vase is from the same collection as a Chinese porcelain bowl which fetched nearly $27 million at a Sotheby’s sale in April 2012 (below). That price was a record for Song Dynasty ceramics.

Imperial Chinese bowl

The Southern Song Dynasty vase is part of Sotheby’s Hong Kong Chinese Works of Art spring sale, which starts on April 7.

Martell 300th Anniversary Pop-up Space

Martell launches “Premier Voyage” in Hong Kong

Martell 300th Anniversary Pop-up Space

The House of  has launched a pop-up space at Hong Kong International Airport (T1) in celebration of its 300th anniversary.

From now until end February 2015, the Cognac house is offering discerning travellers a multi-sensory introduction to the French ‘Art de Vivre’ through the arts of craftsmanship, gastronomy and tasting.

Martell Pop-up Space at HKIA

Martell came into being in a golden era of French history towards the end of the reign of Louis XIV, a period which saw the blossoming of French literature, arts, crafts, philosophy and gastronomy.

Martell Pop-up Space

The pop-up space celebrates this rich heritage with tastings of the refined Martell Chanteloup cognac combined with delicious foie gras, personalised Chinese calligraphy and cognac-sprayed wooden olfactory mementos.

cognac-sprayed wooden olfactory mementos

At the heart of the display, which features evocative items such as vintage-style demi-johns, ‘montres’ bottles, books and other authentic items from the Martell archives, sits the Martell Premier Voyage.

This precious gem is made from 18 eaux-de-vie ranging from 1977 to 1868 aged in 300-year-old oak casks and enclosed in its own specially-commissioned artwork French artist, Bernar Venet.

 Martell Premier Voyage

Two other very rare 300th anniversary limited-edition Cognacs are also available for purchase: the Martell XO 300th Anniversary Limited Edition (70cl) and the Martell XO 300th Anniversary Limited Edition (70cl & 10cl).

Martell XO 300th Anniversary Limited Edition

Tastings of Martell Chanteloup will take place between 10am and 7pm, while pairings with Rougie’s Foie Gras will be available from 11.30am to 1.30pm and 6pm to 8pm.

Foie Gras tasting

Renowned calligrapher Cathy Ho will also be on hand in the afternoon to create personalised bags and bookmarks for customers as a keepsake.

calligrapher Cathy Ho

A perfume workshop will offer travellers a wooden stick sprayed with Martell Cognac as another souvenir.

Vicky Lau

Hong Kong’s Vicky Lau is Asia’s best female chef

Vicky Lau

Hong Kong chef Vicky Lau has been named the best female chef in Asia for creating a menu of ‘edible stories’ at her French-Asian restaurant.

Lau has taken the title of Veuve Clicquot Asia’s Best Female Chef 2015 for her cuisine at the Michelin-starred Tate Dining Room and Bar, an intimate 26-seat restaurant that plays with flavors, textures and colors to create a multi-course dining narrative.

Lau’s background as a graphic designer and artist manifests itself in her cuisine and culinary concept.

Menus are created thematically, written to tell an ‘edible story’ with dishes verging on the playful, philosophical and cerebral.

Tate Winter Menu

The latest ‘Sensualist’ winter menu, for instance, starts with a plate of ‘Winter Sea,’ with black truffle scallop espuma, crab meat, yuzu gelee, jelly fish and caviar.

To convey the wintry peaks of Mont Blanc, Lau assembles a plate of roasted chestnut veloute, pork belly, wild boar ragout and black pepper tart shell.

Tate Winter Menu 2014

“This award rewards her skill, imagination and artistry, and recognises the originality and verve that Vicky brings to Asia’s dining scene,” said editor William Drew, of The World’s 50 Best Restaurants.

Watch Lau explain one of her culinary odes to Belgian surrealist artist Rene Magritte, a green candy apple made with blown sugar and orange

Tibetan tapestry

Tibetan tapestry fetches record $45 million in Hong Kong

Tibetan tapestry

An ancient Tibetan silk tapestry has set a world record for Chinese art after it was sold for $45 million at a Christie’s auction in Hong Kong.

The 600-year-old artwork, called a thangka and embroidered in vivid hues of red and gold, was bought by Liu Yiqian on Wednesday and will be displayed at his new museum in Shanghai, the auction house said.

The sale broke the world record for any Chinese work of art sold by an international auction house.

CHINESE COLLECTORS PUSH PRICES TO NEW LEVELS

The piece — which depicts the meditational diety Raktayamari, known as the Red Conqueror of Death, standing stride a buffalo — was created during the Ming dynasty between 1402 and 1424.

It is one of a set of three thangkas from the Jokhang Monastery in the Tibetan capital Lhasa, according to Christie’s.

In April, Liu bought a Ming Dynasty wine cup which broke the world auction record for Chinese porcelain in Hong Kong for $36.05 million.

Meiyintang Chenghua Chicken Cup

A taxi driver-turned-financier now aged 50, Liu is one of China’s wealthiest men and among the country’s new class of super-rich scouring the globe for artwork. He is worth an estimated $1.6 billion.

Pradasphere Hong Kong

Pradasphere exhibit to arrive in Hong Kong tomorrow

Pradasphere Hong Kong

The Italian brand’s fashion exhibition, which was hosted by Harrods earlier this year, will arrive in Hong Kong next month.

The Pradasphere event, a brand experience exploring the PRADA universe, is set to launch November 18 and will be free to the public.

Situated on top of Central Ferry Pier 4 on the city’s harbor overlooking Kowloon, the custom-built structure will cover the entire roof of the pier, with the exhibition running until December 5.

Pradasphere Key pieces

Inside, visitors will be able to examine 60 complete looks from the last 30 years of the brand’s collections, with extra focus on bags, shoes and materials, alongside rarely-exhibited artefacts.

There will also be an archive of collections with images and videos created in collaboration with auteurs like Roman Polanski and Wes Anderson, Ridley Scott and Yang Fudong, and Pradasphere will show off architectural collaborations with Rem Koolhaas and Herzog & de Meuron.

pradasphere handbags

There will also be a special VIP lounge overlooking the harbor!

Local Hong Kong Restaurant

Foreign chefs boost Hong Kong’s Michelin stars

Local Hong Kong Restaurant

Michelin’s most affordable gourmet dining scene has become a richer and more diverse destination with the addition of 14 new starred addresses.

In the iconic red guide’s latest 2015 edition for  and Macau, Michelin inspectors awarded three new restaurants with two stars, and 11 new addresses with their first star.

Restaurants Yan Toh Heen, The Principal, and Duddell’s helped expand Hong Kong’s two-starred club to 16.

WATCH: 23 MICHELIN STARS IN 60 SECONDS

Man Wah Mandarin Oriental

At the Hotel Intercontinental’s Yan Toh Heen, chef Lau Yiu Fai serves authentic Cantonese cuisine.

Chef Siu Hin Chi also serves traditional Cantonese cooking at Duddell’s, a contemporary and innovative space that describes itself as a cultural and social destination for arty, creative types.

At The Principal, chef Jonay Armas brings international flavors and culinary styles — notably from Spain and Denmark — to Hong Kong with a menu that focuses on color, texture and elegance.

chef Akrame Benallal

In the one-star category, notable inductees include Akrame by chef Akrame Benallal (pictured above), just a few months after gaining a second star for his flagship Paris restaurant which serves contemporary French cuisine.

Likewise, another French chef gained a Michelin star for his Hong Kong outpost. Chef Olivier Elzer, who worked with Joel Robuchon and Pierre Gagnaire, reinterprets classic French dishes at Seasons.

More than 50 types of cuisine are represented in the latest Michelin guide for Hong Kong and Macau, including 21 styles of regional Chinese cooking and starred meal for less than 10 euros.

MICHELIN Guide Hong Kong 2015

Here is the final star count:

***
7 restaurants
**
16 restaurants (3 of which are new)
*
52 restaurants (11 of which are new)
Bib Gourmand (good value eats)
78

The Michelin Guide Hong Kong and Macau 2015 goes on sale October 31.

MOTT32 by Joyce Wang Studio

Hong Kong restaurant named the best interior of 2014

MOTT32 by Joyce Wang Studio

A  restaurant has been named the best interior of 2014 at the World Festival of Interiors in Singapore.

MOTT32” by Joyce Wang Studio beat 60 projects to win the title. It was praised by the judges for its dramatic transformation from a basement storage facility into one of the city’s most beautiful eating destinations.

SEE ALSO: HK TYCOON BUYS 30 ROLLS-ROYCE PHANTOMS

MOTT32

The restaurant takes inspiration from its heritage as a storage site for expensive Chinese heirlooms, and the décor features Chinese propaganda and industrial materials doubling as furniture and light fittings.

MOTT32 private dining room

The look is combined with a modern industrial aesthetic featuring exposed brickwork, light fittings housed in metal mesh cages and former vaults turned into exclusive booths.

There is an emphasis on raw materials such as concrete and metal.

MOTT32 washroom

“It was a Hong Kong project, it explored Hong Kong culture both past and present, which makes the project such a special one and winning this award even better,” explained Joyce Wang.

MOTT32 restaurant by Joyce Wang Studio

Inside – World Festival of Interiors 2015 will run November 14-16, 2015.

Stephen Hung

Hong Kong tycoon buys 30 Rolls-Royce Phantoms

Stephen Hung

 has placed the biggest ever order for Rolls-Royce cars, agreeing to buy 30 Phantoms to chauffeur guests at a luxury resort he is building in Macau.

Stephen Hung signed the deal with Rolls-Royce executives on Tuesday at the company’s Goodwood factory in England.

The extended wheelbase Phantoms will be used for guests at Hung’s “ultra-luxury” Louis XIII hotel, which is scheduled to open in early 2016.

The resort will boast a 1,860-sq metre (20,000-sq ft) villa billed as the world’s “most extravagant” hotel suite, which will cost $130,000 a night.

Rolls Royce Phantom Extended Wheelbase

Two of the cars will be the most expensive Phantoms ever commissioned, complete with gold-plated accents on both the exterior and interior.

The ‘s list price is about $600,000, but many buyers order custom features that push prices much higher. Customers have been known to spend more than $1 million on bespoke models.

Stephen Hung’s purchase adds up to about HK$155 million and surpasses the 14 Phantoms bought in 2006 by The Peninsula hotel in Hong Kong.

Cathay Pacific Airways First class

Cathay Pacific to serve Mandarin Oriental menus

Cathay Pacific Airways First class

 has teamed up with Mandarin Oriental Hotel Group to offer inflight menus to first class passengers on the Hong Kong to London route.

Until October 31, carte blanche will be given to Uwe Opocensky from Mandarin Oriental, Hong Kong.

DON’T MISS: 6 AIRLINES WITH CELEBRITY CHEFS ONBOARD

cathay pacific first class terrine

First class passengers traveling to London will be able to try foie gras terrine, truffles, organic chicken and beef accompanied by crabmeat and caviar.

Dean Yasharian from Bar Boulud of London’s Mandarin Oriental Hyde Park will then take over until December 31.

cathay pacific first class sirloin

He will offer the privileged passengers, between London and Hong Kong, duck liver, British beef slowly braised in a red wine sauce accompanied by mashed parsnips, and sole fillets with lemon and grenobloise sauce.

SEE ALSO: CATHAY PACIFIC “NOODLES OF ASIA” CONTEST

cathay pacific first class banana split

An increasing number of airlines have recently been joining forces with great chefs to offer gourmet dishes to their business and first class passengers.

Sun Hung Kai Properties' Twelve Peaks

World’s most expensive home goes on sale in Hong Kong

Hong Kong Peak

Asia’s most expensive home per square foot is set to go on sale in Hong Kong, which boasts some of the world’s costliest properties!

The 4,661 square-foot (433 square-metre) ultra-luxury home, located in the Peak district, comes with a HK$819 million ($105.67 million) price tag.

The asking price for the property at the Twelve Peaks development makes it the world’s most expensive house at HK$175,735 per sellable square foot.

 Twelve Peaks project on 12 Mount Kellett Road

This would make it Asia’s most expensive home per square foot if a buyer matches the price sought by developer Sun Hung Kai Properties.

SEE ALSO: MOST EXPENSIVE FLAT IN ASIA SOLD IN HONG KONG

With four bedrooms the house is compact by luxury standards, but it comes with a swimming pool, jacuzzi, elevator and an exclusive location on Victoria Peak, on Hong Kong island, that offers spectacular views over the city.

victoria peak hong kong

Despite efforts by HK’s government to curb property prices by boosting stamp duty for foreign property buyers, developers are still pricing property projects aggressively to tap into demand from wealthy buyers from mainland China.

DON’T MISS: THE MOST EXPENSIVE LAND IN HONG KONG

The government has in recent years imposed new taxes, raised stamp duty and staged a series of land auctions to boost supply and bring down prices in an attempt to tame one of the world’s least affordable housing markets.

OPUS HONG KONG

A luxury 6,200 square-foot apartment in a building designed by Pritzker Prize-winning architect Frank Gehry sold for HK$470 million in August 2012.

At the time of purchase it was believed to be the world’s second most expensive apartment after a penthouse flat at London’s One Hyde Park.

One Hyde Park penthouse