It took Wheelock Properties just three hours to sell a luxury home in Hong Kong’s exclusive Peak neighbourhood to an unidentified buyer for HK$830 million ($150 million) on Saturday.
The five-bedroom, 9,455 sf house, which boasts a swimming pool, garden and elevator, has unobstructed views of Hong Kong and Victoria Harbour, Wheelock said in a statement Sunday. Its facade and interiors were designed by New York-based architect Robert Stern.
The villa is the first of 17 units offered for sale at the Mount Nicholson project jointly developed by Wheelock Properties and Nan Fung Development, and was offered by tender between 10 a.m. and 1 p.m. “to test the waters” and gauge the market demand, the company said in an e-mail. The sale price is the highest of five offers made for the property.
The transaction works out to HK$87,784 psf. It is considerably less than the most expensive sale of a Hong Kong property at HK$1.5 billion for a house on 22 Barker Road, on the Peak, reportedly sold to Alibaba founder Jack Ma in August, the South China Morning Post reported at the time. Bloomberg has not been able to independently confirm that Ma was the purchaser.
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The five-bedroom, 9,455 sf house, which boasts a swimming pool, garden and elevator, has unobstructed views of Hong Kong and Victoria Harbour, Wheelock said in a statement Sunday. Its facade and interiors were designed by New York-based architect Robert Stern.
The villa is the first of 17 units offered for sale at the Mount Nicholson project jointly developed by Wheelock Properties and Nan Fung Development, and was offered by tender between 10 a.m. and 1 p.m. “to test the waters” and gauge the market demand, the company said in an e-mail. The sale price is the highest of five offers made for the property.
The transaction works out to HK$87,784 psf. It is considerably less than the most expensive sale of a Hong Kong property at HK$1.5 billion for a house on 22 Barker Road, on the Peak, reportedly sold to Alibaba founder Jack Ma in August, the South China Morning Post reported at the time. Bloomberg has not been able to independently confirm that Ma was the purchaser.
Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchsg Like Us On Facebook : www.facebook.com/EpicResearchSingapore Need Any Assistance Feel Free To Mail Us at : info@epicresearch.sg
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