A New Record In Hong Kong Real Estate
A new record has been set in Hong Kong real estate. The 80th floor penthouse of The Arch building in the Kowloon district has sold for $28.8 million making it the most expensive apartment per square foot ever sold in Asia at 41,000 Hong Kong dollars per square foot. In the building no floors start with 4, so you go from the 39th to the 50th floor in this building, there are actually 65 floor total (4 is bad luck in Hong Kong like 13 is here in the U.S.). The new owner gets a private swimming pool, a rooftop terrace and 5,497 square feet of space in this unique complex. The building also includes a fitness area, lounge, and pool areas starting at the 60th floor in the place where the two towers join.
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Reader Comments (Page 1 of 1)
brodsky.alexander Jun 19th 2008 2:16PM
Was the price 288million or 28million because 288 is what it would be at 41,000/ft.