A new mansion in Hong Kong was sold for HK$1.09 billion (US$140 million). This is the most expensive house sale deal in this financial center this year. This was reported by Bloomberg, according to UNN.
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It is noted that the mansion, located in the prestigious mountain area of The Peak, has an area of over one thousand square meters, five bedrooms, and an elevator.
A luxurious house in the prestigious Peak district of Hong Kong became the leader in villa sales for HK$1 billion in the Kowloon Tong area.
Last week, another mansion on the same street, previously owned by Chinese magnate Chen Hongtian, was sold. Its value was HK$790 million - half the purchase price in 2016.
Hong Kong's luxury real estate market has shown increased activity in recent months, according to a report by Midland Realty. The main factors supporting price growth and increased sales are the expected decrease in US interest rates and the recovery of Hong Kong's financial market.
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