Property News · December 31, 2018

What a difference nine months make – price of Mount Nicholson home drops by US$7 million


A home in Hong Kong’s ultra-exclusive Mount Nicholson neighbourhood on The Peak is the latest victim of souring sentiment in the world’s most expensive property market. On Monday, House 16 sold for 7.4 per cent less – or HK$58.12 million (US$7.42 million) – than House 17, which was sold in April this year.
According to the Sales of First-hand Residential Properties Authority, House 16, with an area of 7,978 sq ft, sold for HK$721.88 million, or HK$90,484 per square foot…

Source : South China Morning Post
Read more…What a difference nine months make – price of Mount Nicholson home drops by US million

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