Hong Kong flats for sale at record price

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Old Sep 17th, 2009, 02:10 PM   #1
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Default Hong Kong flats for sale at record price

Two new luxury flats in Hong Kong have been put on the market for a record HK$300m ($38.7m) each, as the buoyant economy and stock markets on the Chinese mainland lift demand for exclusive properties beyond pre-crisis levels.

Sun Hung Kai Properties, the world’s biggest developer by market value, aims to sell the three-storey apartments – on the 91st to 93rd floors of twin 270m towers – for HK$50m more than the previous record price in Hong Kong.

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