Property News · December 20, 2017

Mainland billionaire revealed as buyer for Asia’s third most expensive flat, at exclusive Mount Nicholson


Mainland Chinese decoration billionaire Xhu Xingliang from Suzhou is the likely owner of Asia’s third most expensive flat, located at the exclusive Mount Nicholson development on The Peak.
Xhu was revealed as the buyer of the 4,266 square foot flat on the 10th floor at the Mount Nicholson phase three development, according to data released by the Land Registry on Wednesday.
The buyer paid HK$498.88 million (US$63.95 million), or HK$116,945 (US$14,976) per sq ft for the four-bedroom flat…

Source : South China Morning Post
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