Properties / Luxury Homes

Hong Kong Apartment Sells for $56.5 Million

An outsize luxury apartment in one of Hong Kong’s wealthiest neighbourhoods has sold for 439 million Hong Kong dollars ($56,5 million). The five-bedroom duplex suite, near the top of the skyscraper overlooking Victoria Harbor, measures 6,158 sq feet and has a garden of 340 sq feet. Hong Kong luxury home prices and sales have jumped […]

Oct 15, 2009 | By Anakin

An outsize luxury apartment in one of Hong Kong’s wealthiest neighbourhoods has sold for 439 million Hong Kong dollars ($56,5 million).

The five-bedroom duplex suite, near the top of the skyscraper overlooking Victoria Harbor, measures 6,158 sq feet and has a garden of 340 sq feet.

Hong Kong luxury home prices and sales have jumped this year as low supply and ample liquidity drive demand for real estate.

The city has long had one of the world’s most expensive property markets, with prices that many local residents are unable to afford.

Source: Propgo Luxury Via DailyMail – Photo: AP


 
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