The distressed flat at the luxury 39 Conduit Road luxury development in Mid-Levels has been withdrawn from auction on Tuesday after bids fell short of the reserve price, the auctioneer said.
The 2,355 square foot Unit A on the 39th floor received an opening bid of HK$105 million, about 22 per cent lower than what the buyer paid in 2014.
A second bidder for the luxury apartment offered HK$108 million, or HK$45,860 per square foot.
Auctioneer Tsang Kit-chun, who is also the managing director at…
Source : South China Morning Post
Read more…Luxury flat at 39 Conduit Road withdrawn from sale after bids fail to meet reserve price















