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Ex-banker sells US$41 million Deep Water Bay home, then splashes out on lease at The Peak

    Ex-banker sells US$41 million Deep Water Bay home, then splashes out on lease at The Peak

    4 months ago02 mins

    After selling a HK$319 million (US$41 million) luxury home in Hong Kong’s affluent Southern district, a former finance executive has rented a 4,715 sq ft house at The Peak, the city’s most exclusive neighbourhood, for HK$525,000 a month, official records show. Lawrence Lam Yuk-kun was identified as the former owner of a house in Deep…

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    Buyer snaps up billion-dollar Peak home as ultra wealthy defy Hong Kong’s property slump
    • Hong Kong News

    Buyer snaps up billion-dollar Peak home as ultra wealthy defy Hong Kong’s property slump

    Cs news7 months ago03 mins

    Hong Kong recorded a billion-dollar home sale this week, another sign that ultra-wealthy customers are continuing to find choice assets even amid the city’s property slump. A mansion at 1 Gough Hill Road on The Peak on Hong Kong Island, refurbished from an old guest house used in the 1990s by the Bank of China,…

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