fbpx
HONG-KONG-HOME-SELLS-FOR-IMPRESSIVE-PRICE-TAG

HONG KONG HOME SELLS FOR IMPRESSIVE PRICE TAG

06.11.17

A luxury Hong Kong home in one of its most exclusive neighborhoods has sold for an impressive HK$1.164 billion.

The 9,178-square-foot residence is based in The Peak - the area surrounding Victoria Peak, the highest point in Hong Kong – which is home to the wealthiest Hong Kong and Chinese business moguls.  The buyers of the four-bedroom home, which boasts a private swimming pool, terrace, courtyard, two-car garage, and views of the Victoria Harbour and city skyline, have yet to be revealed.

This is the second HK$1 billion-plus sale in the luxury residential development on Mount Nicholson Road, developed by Nan Fung Development Ltd. in partnership with Wheelock Properties Ltd. Last December, a limited liability company, Giant Victory Holdings, purchased a 9,950-square-foot residence for HK$1.08 billion.

Phase I of the project will have 17 two-to-four-story residences, ranging in sizes from 7,042 square feet to 9,950 square feet, according to company filings. At least eight of the houses were sold with prices starting at HK$525 million, according to latest statistics. Phase II and III will include two apartment towers and 49 single-family houses.

But neither of these come close to the most expensive residential sale on record in Hong Kong which stands at HK$21 billion. This 9,212-square-foot home, also in The Peak, belongs to Hongtian Chen, chairman of Shenzhen-based real estate developer Cheung Kei Group.

Ranked the world’s top luxury market in 2016 by Christie’s International Real Estate, Hong Kong registered four US$100 million-plus sales last year.

Abode Affiliates

  • Alleyne Real Estate
  • Blevins Franks
  • Coldwell Banker
  • Crane Resorts
  • The Hideaways Club
  • Monaco Real Estates
  • RDO
  • Rosemont Consulting
  • St Francis Links
  • Unique Home Stays
  • Yoo
  • Worldwide Dream Villas
  • Cyan International Properties
  • Enigma Yachts Limited
  • Cornerstone Tax Advisors
  • Lida Cucina
  • Pedini London
  • Alexander James
  • Wings
  • Moore Stephen
  • Ibiza Transit Express
  • Oyster Yachts
  • Jumeirah
  • Wall Street Luxury
  • Heron Real Estate
  • Edenhurst
  • MG&AG
  • Gama Property
  • Touch Design Group
  • St Edward
  • Ultra Villa
  • Luxury Italian Living
  • Habitat First Group
  • BDO
  • 7Storeys
  • Smart Currency Exchange
  • Prestige Architects
  • Worldwide Property
  • Panorama
  • Dimora
  • Dominic McKenzie Architects
  • The Coastal House
  • Chamonix Ski Chalet
  • Luxe Caribbean Properties
  • Harry Manning
  • Smart Living
  • Isle Blue
  • MAS Marbella
  • London Fractions
  • Page Architects
  • Millgate
  • Jersey Finance
  • guernsey-relocations-logo
  • viberts-logo
  • b-williams-management
  • kpmg-logo
  • author-interiors
  • Wilkinson Beven
  • BoConcept
  • Ante Vrban
  • Experience Invest
  • Move 2 Gozo
  • Deborah Garth
  • Extex
  • You home
  • Ra Shaw Designs
  • Caudwell Collection
  • eastwood private client
  • accanto-interiors
  • Fritz Hansen
  • capital-rise
  • jarrods-staircase
  • neil-davies-logo
  • Tina Shone Group
  • Taplow riverside
  • Aimo
  • ns-ceramics-logo
  • Rusk
  • Consilium Expert Group
  • Ben Krupinski Builder
  • Swoffers
  • Guernsey Relocation Services
  • Douglas Graneto
  • Strutt & Parker
  • wilsons
  • MJC Associates
  • plainspace
  • Fine & Country
  • Bramble Ski
  • Page Architects
  • Penthouse queen
  • Sarco_Affiliate_Logo
  • taylor wimpey
  • cooper-gardner
  • M Design Architects
  • codan
  • Lovells
  • London DE
  • HELENA JORNET FINQUES
  • Prime Lands Group
  • Bellegarde Estates
  • Sinclair
  • Pippa Paton
  • Ecole d'Humanite
  • Miller
  • Benedek Lewin
  • Inspired Villages
  • Huelin Homes
  • Gaudin
  • Lovells Property
  • Racecourse Lodge Logo
  • Paseo
  • Moores Rowland
  • Lemay + Escobar

Enter your dream destination