Hong Kong House Sells for $133 Million With 25% Gain Over Decade

A mansion at Hong Kong’s prestigious Peak area was sold for HK$1.04 billion ($133 million), yielding a more than 25% gain for the owner who held it for about a decade.

House 6 at Mount Nicholson, a project known for setting a record as Asia’s most expensive apartment per square foot, was sold to a company named Golden Visions Holdings Ltd. last month, according to a land registry filing. The seller, Chow Kwok Fai, purchased the home in 2016 for HK$830 million, the filing shows.