Financial Times FT.com

Hong Kong flats for sale at record price

By Justine Lau in Hong Kong and Daniel Thomas in London

Published: September 17 2009 19:24 | Last updated: September 17 2009 19:24

Two new luxury flats in Hong Kong have been put on the market for a record per square foot price of HK$75,000 (US$9,640) as the buoyant economy and stock markets on the Chinese mainland lift demand for exclusive properties beyond pre-crisis levels.

Sun Hung Kai Properties, the world’s biggest developer by market value, aims to sell the three-storey apartments – on the 91st to 93rd floors of twin 270m towers – for HK$300m each, HK$50m more than previously priced.

You have viewed your allowance of free articles. If you wish to view more, click the button below.

Read this