1. At $87.3 mn, Hong Kong villa on Repulse Bay could be the world’s most expensive home

At $87.3 mn, Hong Kong villa on Repulse Bay could be the world’s most expensive home

There is one more thing that is currently grabbing eye-balls in Hong Kong - expensive houses.

By: | Published: April 25, 2017 4:15 PM
most expensive, house for sale in hong kong, hong kong properties, world most expensive house, world most expensive property, world's most expensive house, 110 repulse bay, 110 repulse bay hong kong, most expensive houses If the price of the house on Repulse Bay Road considered, it costs roughly ,190 a square foot! (Representative Image of Repulse Bay: Reuters)

Hong Kong is the playground of the global rich and famous. The tiny place is beautiful and much in demand. So, it is no surprise that it has some of the world’s most expensive stuff available. It also has natural and architectural beauty – plenty of it! Beautiful structures, breath-taking sea views and mouth-watering food of all types – it is all attractive enough to lure anyone into visiting the place, it is unique. There is one more thing that is currently grabbing eye-balls – expensive houses. According to TIME magazine, Hong Kong is the place where even a 1-room apartment has been offered at $3 million. And now a house on Repulse Bay Road has been put on sale at a price that could make it the world’s most expensive house, in dollar-per-square-foot terms. The four-bedroom, four-bathroom, 4,120 square feet home, built in the style of a British townhouse, can be bought for $87.3 million reports TIME.

Elsewhere, a house named Bel-Air mansion was described by Forbes in January as “the most expensive home ever listed in America”. The 38,000 square feet structure was put on the market at $6,560 a square foot. Whereas, Antilia in Mumbai-the world’s most expensive home in absolute terms – is priced at $1 billion and it is valued at 2,500 for each of its 400,000 square feet. Now, check this out – if the price of the house on Repulse Bay Road considered, it costs roughly $21,190 a square foot!

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And what will the buyer get at that astronomical price? The house boasts large windows having a great sea view. It has a master room. Besides, there are bedrooms for two domestic helpers, reported TIME quoting a sales pitch by realtors Engel & Völkers.

At that price, will it sell? Unlikely, the realtors indicated! However, surprises have been pulled before. A standalone villa in Repulse Bay was sold for a whopping $104 million at as high a price as $14,436 a square foot!

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