A new record set for a Park Island
There is an article here in Chinese http://hk.news.yahoo.com/article/101117/4/lb1q.html which reports that a luxury apartment sold a few days ago on Park Island for over 10,000 per square foot at HKD $19.75m.
The apartment is 1880 square foot, 33rd floor, block 31. It comes with an 800 square foot balcony, and access to the rooftop and fully open views. No doubt amazing for entertaining etc.
This is a new record for Park Island, and to me confirms the changing profile of people who are moving to Park Island.
That is a pice price for PI, but overall Park Island prices are still very afforable for the quality you get.
ReplyDeleteI have seen this place. This particular place woudl now be worth around 30m, so quite a nice profit for the buyer who paid the "record price". All in hindsight of course.
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