Property News · November 8, 2016

Adjoining luxury flats in Hong Kong sell for a record HK$104,803 per sq ft, the highest in Asia


Three days after the Hong Kong government raised the residential stamp duty to 15 per cent to rein in runaway home prices, adjoining luxury flats on The Peak sold for HK$104,803 per square foot, the most expensive for an apartment in Asia in terms of per square foot cost.
The deal comprises two adjoining units, Flats 16A and 16B with a combined saleable area of 8,702 square feet, at luxury development Mount Nicholson, which sold for HK$912 million on November 8, according to a Hong Kong…

Source : South China Morning Post
Read more…Adjoining luxury flats in Hong Kong sell for a record HK4,803 per sq ft, the highest in Asia

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