Hong Kong flat sold for $61 million

HONG KONG - Agence France-Presse

A luxury apartment in Hong Kong has sold for a record HK$470 million ($61 million), making it the priciest condominium in the Chinese city and possibly in Asia, reports said on Aug. 24. An unidentified buyer paid the HK$75,806 ($9,773) per-square-foot price for the 576-square-meter unit at Opus Hong Kong in the upmarket Peak residential area, Hong Kong Economic Journal and Sing Tao Daily said.

The whopping price for the unit, which takes up the entire eighth floor of the 12-story building, is believed to be Asia’s most expensive apartment and the world’s second most costly after London’s One Hyde Park, Sing Dao Daily said.