Getting tired of Shanghai and thinking about moving to Hong Kong? Well, the city’s ultra-exclusive Peak district might not be for you with property prices up in those lofty heights at a record high. But, if you’ve got the dough and are in dire need of a garden and swimming pool, then this just might be the place for you.
Hong Kong’s Wheelock Properties recently announced that a four-bedroom home in its luxury real estate project Mount Nicholson just sold for an incredible HK$1.16 billion ($148.7 million) with the unidentified buyer paying HK$126,813 ($16,200) per square foot.
The three-story, 9,178 square foot (853 square meter) building, located in a development near the top of Hong Kong Island, was designed by London-based David Collins Studio and boasts magnificent views of Victoria Harbor.
Unfortunately, photos of the interior of these opulent residences have not been put online, but, judging by these sketches, we’re going to assume that things inside are mighty swanky.
The sale is a tidy pick-up for Wheelock Properties who sold one of these luxury homes last year for the low, low price of HK$830 million ($107 million). The South China Morning Post reported in June that home prices in the city had reached a new peak, and they aren’t likely to start declining anytime soon.
So, if you’re looking for a place in Hong Kong, don’t hesitate; it’s only going get to more insanely expensive. You could even be neighbors with tai chi master Jack Ma!
By Máté Mohos
[Images via Wheelock Properties]
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