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2006/12/21

World's most expensive land sale in HK

Read in the South China Morning Post:
 
Sun Hung Kai Properties paid HK$1.8billion, or hk$42,196 (USD5,430) per square foot, at auction for the lot at Mount Kellet Road (Peak).
 
It is said that thereafter, one will need to pay above HK$50,000 per square foot to live there.
 
Just in case people were wondering where Hong Kong was located on a map, I would like to remind them it is where a hotel has just bought 7 brand new green Rolls Royce to carry their guests around and where there is the highest density of such car brand in the world.
 
From the US, just fly to Japan and then turn left. Do not miss the stop as you could end up in Macao, which will soon overcome Las Vegas as the world's largest gambling market.
 
Welcome!