10.11.2010 - Hong Kong sets commercial property record
From AFP: Hong Kong's commercial property prices have soared to a historic high, the city's biggest realtor said Tuesday, frustrating government efforts to cool one of the world's priciest real estate markets. A 79th floor unit in The Center -- a downtown skyscraper owned by Hong Kong's richest man, Li Ka-shing -- recently sold for 338 million Hong Kong dollars (44 million US dollars), or about 25,580 Hong Kong dollars a square foot, according to government data..............................................Full Article: Source
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