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Hong Kong developer sells Asia’s priciest apartment Shawna Kwan Save Share Hong Kong tycoon Victor Li’s CK Asset Holdings has sold a luxury apartment for a record-breaking $HK459 million ($75 million), another sign that the city’s upscale housing market is recovering. The price for the five-bedroom apartment at the 21 Borrett Road project spanning 3378 square feet (314 square metres) translates into $HK136,000 a square foot, sale materials show. It broke the record made by another luxury development in Mount Nicholson in 2017, making it the most expensive apartment in Asia, acc...

(Feb 16): Hong Kong tycoon Victor Li’s CK Asset Holdings Ltd. sold a luxury apartment for a record-breaking HK$459 million ($59 million), another sign that the city’s upscale housing market is recovering. The price for the five-bedroom apartment at the 21 Borrett Road project spanning 3,378 square feet (314 square meters) translates into HK$136,000 per square foot, sale materials show. It broke the record made by another luxury development in Mount Nicholson in 2017, making it the most expensive apartment in Asia, according to Bloomberg Intelligence. Situated in the exclusive Mi...

70 Gracechurch Street – Credit: Pixelflakes The City of London has approved a new 33-storey tower in the Square Mile. Hong Kong developer Tenacity, which had earlier declared the “era of the office not over” after winning planning permission for a nearby 30-storey tower at 70 Gracechurch Street last month, has now secured the green light for the building at 55 Gracechurch Street. The newly approved scheme will be made up of three staggered elements as well as a retractable vehicular lift, which will be turned into public space by day. It has been designed by architect Kohn Pederson Fo...

Another City skyscraper approved ahead of planning brouhaha Another skyscraper is coming to the City of London, with a 33-storey building set to be built at 70 Gracechurch Street. Developers Tenacity – who last month received approval for a similar size development at 55 Gracechurch Street – received the thumbs up from the City Corporation Tuesday lunchtime. It is another welcome vote of confidence in the revival of the City, despite the ravages of the Covid-19 pandemic and work-from-home regulations. The public gallery on the 29th and 30th floor As with their other dev...

The Straits Times Hong Kong developer sells Asia's priciest apartment at $78.4 million Situated in the exclusive Mid-Levels neighbourhood, the home comes with a private roof and a swimming pool.PHOTO: SCREENGRAB FROM GOOGLE MAPS PublishedFeb 16, 2021, 3:23 pm SGT https://str.sg/JHGx They can read the article in full after signing up for a free account. Share link: Or share via: Sign up or log in to read this article in full Sign up All done! This article is now fully available for you Read now Get unlimited access to all stories at $0.99/month for the first 3 months. Get unlimited access to a...