Property News · November 18, 2020

Hey big spenders! Wheelock banks on China’s tycoons to reset benchmark prices for Peak villas in Hong Kong’s wealthiest enclave


Wheelock Properties, controlled by one of Hong Kong’s richest tycoons, is planning to put up its prime asset on The Peak early next year, hoping to draw interest from a new pool of mainland Chinese billionaires minted during the recent stock market boom.The developer will call for bids for eight exclusive villas at 77-79 Peak Road in the first half, managing director Ricky Wong Kwong-yiu said. The villas, each measuring between 6,000 sq ft (557.4 sq m) and 8,200 sq ft, are undergoing finishing…

Source : South China Morning Post
Read more…Hey big spenders! Wheelock banks on China’s tycoons to reset benchmark prices for Peak villas in Hong Kong’s wealthiest enclave

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