{"id":159998,"date":"2025-08-27T13:05:08","date_gmt":"2025-08-27T06:05:08","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-peak-home-sold-for-us140-million-in-hong-kongs-top-deal-this-year\/"},"modified":"2025-08-27T13:05:55","modified_gmt":"2025-08-27T06:05:55","slug":"the-peak-home-sold-for-us140-million-in-hong-kongs-top-deal-this-year","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-peak-home-sold-for-us140-million-in-hong-kongs-top-deal-this-year\/","title":{"rendered":"The Peak home sold for US$140 million in Hong Kong\u2019s top deal this year"},"content":{"rendered":"<p>&#013;<br \/>\nHong Kong recorded a billion-dollar home sale this week, another sign that ultra-wealthy customers are continuing to find choice assets even amid the city\u2019s property slump.<br \/>\nA mansion at 1 Gough Hill Road on The Peak on Hong Kong Island, refurbished from an old guest house used in the 1990s by the Bank of China, sold for HK$1.088 billion (US$139.87 million) on Tuesday, according to the transactions register. The buyer\u2019s identity could not be ascertained.<br \/>\nThat made it the city\u2019s most expensive&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/business\/article\/3323296\/buyer-snaps-billion-dollar-peak-home-ultra-wealthy-defy-hong-kongs-property-slump?utm_source=rss_feed\" target=\"_blank\" rel=\"noopener\">The Peak home sold for US0 million in Hong Kong\u2019s top deal this year<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Hong Kong recorded a billion-dollar home sale this week, another sign that ultra-wealthy customers are&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-159998","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-FCC","jetpack-related-posts":[{"id":161590,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-home-prices-rise-slightly-while-rents-near-historic-peak\/","url_meta":{"origin":159998,"position":0},"title":"Hong Kong home prices rise slightly while rents near historic peak","date":"September 26, 2025","format":false,"excerpt":"\r Hong Kong\u2019s lived-in home prices rose by 0.14 per cent in August, according to the latest official data, suggesting a gradual recovery in the city\u2019s struggling residential property market. An official index measuring price movement among the city\u2019s second-hand homes made a modest gain for the fifth straight month,\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":115718,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrandes-emerald-bay-project-flops-for-the-second-time-in-two-months-as-buyers-stay-away-amid-hong-kongs-economic-slump\/","url_meta":{"origin":159998,"position":1},"title":"Evergrande\u2019s Emerald Bay project flops for the second time in two months as buyers stay away amid Hong Kong\u2019s economic slump","date":"April 18, 2020","format":false,"excerpt":"\r China Evergrande suffered its second sales flop in two months as Hong Kong\u2019s homebuyers gave their collective cold shoulder to its Emerald Bay flats in Tuen Mun, even after a 14-per cent average discount.The Chinese developer managed to find buyers for 16 flats, or a mere 6 per cent\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":138547,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-property-prices-have-room-to-fall-before-mortgage-peak-heralds-return-of-buy-to-let-investors\/","url_meta":{"origin":159998,"position":2},"title":"Hong Kong property prices have room to fall before mortgage peak heralds return of buy-to-let investors","date":"July 30, 2023","format":false,"excerpt":"\r Hong Kong\u2019s interest rates may peak in the months ahead but the outlook for the city\u2019s property market will brighten only when mortgage rates ease and rental yields improve.\r \r Source : South China Morning Post\r Read more...Hong Kong property prices have room to fall before mortgage peak heralds\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":171662,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-penthouse-sells-for-us54m-to-mainland-chinese-buyer-as-luxury-demand-spikes\/","url_meta":{"origin":159998,"position":3},"title":"Hong Kong penthouse sells for US$54m to mainland Chinese buyer as luxury demand spikes","date":"April 29, 2026","format":false,"excerpt":"\r A top-floor residence at High Peak in Hong Kong\u2019s Mid-Levels West neighbourhood has sold for HK$420 million (US$53.7 million) as activity in Hong Kong\u2019s high-end housing segment remains heated after a strong first quarter. The penthouse unit at 23 Po Shan Road sold to a company called Shine Action\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":16834,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hk2-1-billion-peak-home-purchase-partly-funded-by-shenzhen-property-transfer-in-deal-that-has-hong-kong-real-estate-buzzing\/","url_meta":{"origin":159998,"position":4},"title":"HK$2.1 billion Peak home purchase partly funded by Shenzhen property transfer in deal that has Hong Kong real estate buzzing","date":"June 16, 2016","format":false,"excerpt":"\r The HK$2.1 billion record transaction for a home on Hong Kong\u2019s The Peak has raised questions if it could serve as a benchmark in the super-luxury property market due to its uncommon payment method, according to industry experts.\r \r Source : South China Morning Post\r Read more...HK.1 billion Peak\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":93061,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-governments-tender-for-five-residential-plots-including-one-on-the-peak-set-to-fetch-us3-5b\/","url_meta":{"origin":159998,"position":5},"title":"Hong Kong government\u2019s tender for five residential plots, including one on The Peak, set to fetch US$3.5b","date":"July 3, 2018","format":false,"excerpt":"\r The Hong Kong government will release five residential plots with an estimated value of nearly HK$28 billion (US$3.5 billion) for tender in this quarter, including one on The Peak, which has some of the most expensive property prices in the world. The planned sale comes after the government announced\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/159998"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=159998"}],"version-history":[{"count":1,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/159998\/revisions"}],"predecessor-version":[{"id":159999,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/159998\/revisions\/159999"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=159998"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=159998"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=159998"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}