
Hong Kong Mansion in Repulse Bay Sells for $21 Million in Distressed Disposal
A mansion in Hong Kong’s Repulse Bay was sold for HK$160 million ($21 million), adding to a streak of distressed property disposals this year. The sale of House 3 at the Beachfront in the luxury residential neighborhood was completed Tuesday, according to land registry records. The unit was used to back a HK$168 million loan…