Google Search  
Sawf News on mobile
Login
Register

Home
Bollywood
Slideshows
Entertainment
Fashion
Fashion Designers
Gossip
Health and Science
Lifestyle
Tech
Travel
About
Designer Swimwear 2009 - MBFW LA
Rosa Cha Swimwear
Ed Hardy Swimwear by Christian Audigier: Runway photos
Caroline D'Amore swimwear : Runway photos
Beach Bunny and swimwear : Runway photos

Designer Swimwear 2009 - MBFW Miami
Ed Hardy Swimwear
Ed Hardy Swimwear by Christian Audigier: Runway photos
Pistol Panties swimwear : Runway photos
Gottex bikini and swimwear : Runway photos
Rosa Cha bikini and swimwear : Runway photos
Ashley Paige bikini and swimwear : Runway photos
Beach Bunny Swimwear : Runway photos

Home > Lifestyle
Previous Next
Most expensive flat in Asia sold in Hong Kong: report
Posted on Wednesday, June 18, 2008 (EST)
A luxury flat in Hong Kong has sold for 225 million Hong Kong dollars (28.8 million US), the most expensive apartment per square foot ever sold in Asia, a report said on Wednesday.
 
Print this page
Email this page

An overview of central Hong Kong from the territory's Peak
© AFP/File Mike Clarke

HONG KONG (AFP) - The 80th floor penthouse with a private swimming pool and spectacular view of Hong Kong's Victoria Harbour sold for 41,000 dollars per square foot, a report in the Sing Tao Daily said, citing an unnamed real estate source.

The 5,497-square-foot (511-square-metre) flat, with its own roof-top terrace, is located in a new complex called The Arch, in Hong Kong's Kowloon area.

The Arch is close to a yet-to-be-completed office tower, the International Commerce Centre.

The new tower is attracting multinational firms away from the central business district, where rocketing property prices have scared away even the world's richest firms.

The flat's price beat the record of 39,800 dollars per square foot set last November for a larger apartment on Hong Kong island, according to the report.

Hong Kong's property market has boomed in recent years, following a major crash during the Asian financial crisis in the later 1990s.

©AFP

Related Topics:

  • Hong Kong people most pessimistic about 2009: survey
  • Michelin guide sparks criticisms from Hong Kong gourmets
  • Michelin to issue Hong Kong, Macau guides
  • Michelin takes fresh step into Asia with Hong Kong, Macau guides
  • Hong Kong women spread Indian serenity in money-obsessed city
  • Add Your Comment



    Section Headlines
    Victoria's Secret Fashion Show 2008
    Victoria's Secret
    Victoria's Secret Fashion Show 2008
    Celebrity News
    Celebrity Slideshows
    Bollywood Celebrity News