Extremely Expensive
Hong Kong Seaside Mansion Purchased for Estimated $86 Million
A local buyer has purchased a mansion overlooking Hong Kong’s exclusive Repulse Bay using a method allowing him to avoid property taxes. The house may have fetched about HK$670 million ($86 million), based on the average square-foot valuation of similar properties in the Headland Road neighborhood, according to the agent…
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Click here to read the full story: Bloomberg