Stirfry flies
accidit in puncto quod non speratur in anno
Tuesday, March 16, 2010
WTF are they thinking?
Money losing electronics firm decides to diversify by paying a record price (US$85.5k/sqm) for a residential property. The cynical may believe the vendor is not independent...
A listed electronic components manufacturer yesterday bought a house on The Peak for HK$60,215 per square foot, making it the most expensive home in Hong Kong in terms of price per square foot.
Sino-Tech International Holdings said they had agreed to buy house No 8 at Sun Hung Kai Properties (SEHK: 0016)' Severn 8 in Severn Road on The Peak for HK$280 million for investment purposes. The three-storey house has a gross area of 4,650 square feet and offers Victoria Harbour views.
No comments:
Post a Comment
Newer Post
Older Post
Home
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment