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Hong Kong saw the record for per square foot prices of luxury homes being set a couple of times in 2021. Most of these transactions were concentrated in two areas: Mount Nicholson on The Peak and 21 Borrett Road in Mid-Levels. Nan Fung Development and The Wharf (Holdings) paid HK$10.4 billion (S$1.8 billion) for the Mount Nicholson site in an. ....
More record-breaking deals are expected in 2022, as developers tend to sell new luxury homes slowly to generate the highest price possible. Moreover, with the border with China expected to open in the new year, mainland buyers are expected to return to Hong Kong and drive up sales. ....
HONG KONG: Lau Chauin, the daughter of the chairman of Heungkong Group Co, has been revealed as the buyer of Asia’s most expensive apartment, according to a report by the South China Morning Post. ....