The report of costliest homes available on the market on this planet is ever-changing. In February, the Robb Report talked about a penthouse atop New York Metropolis’s Central Park Tower, priced at USD 250 million, topped the alternatives. The next month fairly just a few publications put the Holme, a palatial 40-bedroom waterfront residence in London, ahead of that at USD 300 million.
Whatever the pecking order, nonetheless, the areas of these ultraexpensive residences keep fairly select―Dubai, Hong Kong and Australia.
Ensconced in these larger echelons is a mega-mansion alongside Hong Kong’s Repulse Bay Freeway priced at HKD 2.2 billion or about USD 281 million.
“This mansion is amongst the most expensive properties all through the metropolis,” says Letizia G. Casalino, govt director at precise property agency OKAY.com. “There aren’t many with this price tag.”
Contributing to the related payment is the size. The gross sq. footage of inside and exterior home totals 18,274. There are 11 bedrooms and 11 loos. An elevator accesses all 5 flooring.
Together with the terraces, yard and rooftop, the mansion’s yard patio can accommodate larger than 100 guests for large-scale events.
Moreover bolstering the asking value is the prime location, Casalino says. “Contained in the Southern District, the worth per sq. foot has been pretty common inside HKD 90 to HKD 120.” Seashores and shopping for are inside strolling distance.
The mannequin new mansion was constructed in 2019, sooner than the Hong Kong protests and rise of COVID-19, to attraction to the ultrahigh-net-worth purchaser. “It was constructed when fairly just a few mainland Chinese language language patrons, akin to Jack Ma or Pony Ma, bought the type of trophy residence,” she says.
In Hong Kong’s current harder ultraluxury market, Casalino sees the potential for a wider purchaser pool. “Tycoons from in all places on the earth nonetheless the aim is mainland Chinese language language or possibly ultrawealthy Hong Kong households. It ought to almost certainly be for an enormous family or a family who can host fairly just a few events all through the property.” The mansion’s exterior partitions are clad in pure stone. Arched residence home windows and decorative particulars soften the symmetrical façade.
Inside particulars embrace two grand staircases, marble flooring and black casement residence home windows. An automatic gated entrance ensures security with the storage and driveway accessible from inside.
Joshua Miller of OKAY.com is no doubt one of many brokers representing the property.