1 Gough Hill Road on The Peak, refurbished from the Bank of China’s guest house, sold for HK$1.088 billion on Tuesday, according to the register of first-hand sales
That made it the city’s most expensive home sale this year, at a staggering HK$95,018 per square foot.
The mansion is one of three villas on Gough Hill Road, located near the official residence of Hong Kong’s Chief Justice, which counts as among the most sought-after addresses for the city’s moneyed class. The original building on the site was used as a guest house by the Bank of China, the mainland’s largest foreign-currency bank.
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