It took Wheelock Properties Ltd (會德豐地產) just three hours to sell a luxury home in Hong Kong’s exclusive Peak neighborhood to an unidentified buyer for HK$830 million (US$107 million) on Saturday.
The five-bedroom, 878m2 house, which boasts a swimming pool, garden and elevator, has unobstructed views of Hong Kong and Victoria Harbor, Wheelock said in a statement yesterday.
Its facade and interiors were designed by New York-based architect Robert Stern.
The villa is the first of 17 units offered for sale at the Mount Nicholson project jointly developed by Wheelock Properties and Nan Fung Development Ltd (南豐發展), and was offered by tender between 10am and 1pm “to test the waters” and gauge the market demand, the company said in an e-mail.
The sale price is the highest of five offers made for the property.
It is considerably less than the most expensive sale of a Hong Kong property at HK$1.5 billion for a house on 22 Barker Road, on the Peak, reportedly sold to Alibaba Group Holding Ltd (阿里巴巴) chairman Jack Ma (馬雲) in August last year, the South China Morning Post reported at the time.
Bloomberg has not been able to independently confirm that Ma was the purchaser.
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