27.11.2009 - The madness of Hong Kong's property prices
From Timesonline.co.uk: Despite strong headwinds still blowing against Hong Kong’s financial industry, the residential property market has risen explosively this year: house prices have surged 30 per cent, while luxury properties have leapt by more than 40 per cent. The HK$439 million (£34 million) paid for the 5,000sq ft duplex put the (still unfinished) apartment ahead of London’s (also unfinished) One Hyde Park as the world’s most expensive piece of (non-existent) residential property.................................Full Article: Source
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