Hong Kong Apartment Sets Asia Price Record Amid Government Curbs

A luxury home in Hong Kong set a price record for apartment sales in Asia, even as the government seeks to tame property prices in the world’s least affordable market.

The penthouse duplex unit in Henderson Land Development Co.’s 39 Conduit Road project was sold for about HK$522 million ($67 million), or HK$105,000 per square foot, the city’s Sing Tao Daily reported Saturday, citing an unidentified person. Company representatives didn’t immediately reply to an email seeking comment sent outside of business hours.

Read the full article at the Original Source..

Back to Top