The transaction reflects a meaningful rebound in Hong Kong’s residential property segment, especially in high-end real estate
The flat in Beverly Hill on Broadwood Road was handed over to Chiu on October 6, according to Land Registry records. Chiu paid HK$24,228 per square foot for the flat, which was a record this year for the estate, according to agents.
The property was last sold for HK$16 million in 2014, according to government records.
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