A luxury apartment type duplex in Hong Kong recorded in demand worth more than 1.1 million Hong Kong dollars per m2 or equivalent to Rp1.92 billion per m2. And this became the most expensive apartment prices in Asia.
The unit measures 532.5 m2, consisting of four rooms, in an apartment 39 Conduit Road, developed by Henderson Land Development. As tall as 46-story apartment located in the elite area of the Mid-Levels and has a rooftop garden in selapang 163 m2.
According to data from the local government, the apartment was sold at a price of 594.76 million Hong Kong dollars. Sales methods Sales of first- Hand Residential Properties Electronic Platform, a system that can identify the sales of new apartment units. The transaction record means exceeds the selling price of apartments Swire Pacific Opus, which is valued at 487 million Hong Kong dollars, or 1.03 million Hong Kong dollars per m2, which has also been listed as the most expensive apartments in the middle of 2015. The apartment is located at 53 Stubbs Road, in the form of units of two floors and has two private parking spaces.
Sales of apartments in Mid-Levels was quite surprising the market. Because the transaction occurred shortly after the residential market in Hong Kong weakened after the Fed announced a rise in interest rates by 25 basis points.
Sluggish residential market in Hong Kong made a lot of homeowners to panic, making the secondary market to crash. The selling price fell by more than one million Hong Kong dollars. While it offers developers for new projects is not all absorbed by the market, as a result of sales also declined. For example the sale of Sino Land on his latest project the Mediterranean in Sai Kung that when launching the inaugural only sold 28 percent of the 96 units. It is also evident from the data Ricacorp Properties are many mansions sell. On November 2015 the broker is only sold 35 units, while in October 2015 "still" can remove 52 units. "Transactions for four consecutive months less than 100 and this is the lowest conditions over the last eleven years," said Eric Cheung, director of Ricacorp.
Apartment in Hong Kong is most expensive in Asia
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Oleh
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