The Hong Kong mega-mansion, listed for around $281 million (HKD$2.2 billion), is one of the most prestigious. … [+]
The list of the most expensive houses for sale in the world is constantly evolving. In February, the Flight report said a penthouse atop New York’s Central Park Tower, priced at $250 million, was leading the bids. The following month, numerous publications placed the Holme, a lavish 40-room waterfront residence in London, ahead of him at $300 million.
Repulse Bay, photographed by drone, is among the most exclusive areas for residential real estate in Hong … [+]
However, regardless of the pecking order, the locations of these ultra-expensive residences remain quite selective: Dubai, Hong Kong and Australia.
Designed on a grand scale, the residence offers over 18,270 square feet of refined living … [+]
Installed in these upper echelons is a mega-mansion along Repulse Bay Road in Hong Kong, for a price of 2.2 billion HKD, or approximately 281 million USD.
Grand modern staircases in the entry set the tone for the multi-level residence.
“This mansion is among the most expensive properties in the city,” says Letizia G. Casalino, executive director of the real estate company. OKAY.com. “There aren’t many at this price.”
Open concept spaces provide ample room for entertaining.
Size contributes to cost. The gross square footage of interior and exterior spaces totals 18,274. There are 11 bedrooms and 11 bathrooms. An elevator serves all five floors.
Stairs and an internal elevator run through five floors of living.
In addition to the terraces, garden and roof, the mansion’s rear patio can accommodate over 100 guests for large-scale events.
Folding doors open the rooms onto the terraces, extending the living space outside.
The prime location also bolsters the asking price, Casalino says. “In the southern district, the price per square foot has remained fairly stable between HKD 90 and 120. » Beaches and shops are within walking distance.
The home’s large back patio can accommodate over 100 people.
The brand new mansion was built in 2019, before the Hong Kong protests and the rise of COVID-19, to appeal to ultra-high net worth buyers. “It was built when a number of buyers from mainland China, such as Jack Ma or Pony Ma, bought this type of trophy house,” she explains.
The rooftop offers seemingly endless views of Repulse Bay.
In today’s tougher ultra-luxury market in Hong Kong, Casalino sees the potential for a broader pool of buyers. “Tycoons from all over the world, but the target is mainland China or perhaps the ultra-rich families of Hong Kong. It will likely cater to a large family or one that can host many events within the property. The exterior walls of the mansion are clad in natural stone. Arched windows and decorative details soften the symmetrical facade.
An automatic gated entrance provides security with the garage and driveway accessible from the interior.
Interior details include two grand staircases, marble floors and black casement windows. An automatic gated entrance provides security with the garage and driveway accessible from the interior.
The Repulse Bay property is located in a very private neighborhood and within walking distance of … [+]
Joshua Miller of OKAY.com is one of the agents representing the property.
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