Hong Kong Apartment Sets Asia Price Record Amid Government Curbs
- Henderson Land sold penthouse unit at HK$105,000 a square foot
- Sale broke record held by two Hong Kong apartments since Nov.
The 39 Conduit Road residential building, center.
Photographer: Jerome Favre/BloombergThis article is for subscribers only.
A luxury home in Hong Kong set a price record for apartment sales in Asia, even as the government seeks to tame property prices in the world’s least affordable market.
The penthouse duplex unit in Henderson Land Development Co.’s 39 Conduit Road project was sold for about HK$522 million ($67 million), or HK$105,000 per square foot, the city’s Sing Tao Daily reported Saturday, citing an unidentified person. Company representatives didn’t immediately reply to an email seeking comment sent outside of business hours.