Apartment on Hongkong's Peak sets Asia price record, SCMP says

SINGAPORE (Nov 21): A luxury apartment in Hong Kong’s exclusive Peak neighbourhood has set a new Asian price record, The South China Morning Post reported.

A single buyer paid HK$1.16 billion ($201.4 million) for two apartments at No. 8 Mount Nicholson on The Peak, the Post said, citing Wheelock Properties, which is overseeing sales at the project.

The second, smaller apartment fetched HK$132,000 psf, making it Asia’s most expensive residence by area, the report said.

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