29.07.2010 - Top price for Hong Kong site |
From WSJ: A rare luxury residential site in Hong Kong's upmarket Peak district was sold at a government auction Wednesday for 10.4 billion Hong Kong dollars (US$1.34 billion), in line with market expectations, the latest sign the city's robust property market remains buoyant. The site at 103 Mount Nicholson Road was sold to Nan Fung Group, which isn't publicly traded, and the blue-chip Wharf Holdings Ltd..............................................Full Article: Source |