Property News · September 9, 2020

US government sells Hong Kong mansions without disclosing winning buyer or price amid fraying China ties


The US government has parted with one of its biggest properties in the city under a shroud of secrecy amid worsening tensions between Beijing and Washington.It sold the six multi-storey mansions on 37 Shouson Hill Road after taking time to pick the winning bid when the tender closed at the end of July. It declined to disclose the winning buyer or the price. Analysts have estimated the value of the plot at between HK$3.2 billion (US$413 million) and HK$3.5 billion.“The US government has accepted…

Source : South China Morning Post
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