Mount Nicholson units generate HK$9.4b for the Wharf

Business | 8 Mar 2018 2:10 pm

The Wharf Holdings (0004) reported today that the sale of five houses and 14 luxury apartments at Mount Nicholson in the 2017 financial year generated more than HK$9.4 billion, or an average of HK$91,600 per square foot.

Two adjoining apartments on the Peak were sold together for HK$1.2 billion, or a record of HK$132,000 per square foot. This, together with house 3 sold for HK$1.2 billion or HK$126,800 per square foot, represents the priciest luxury residences in Asia.

In January 2018, two apartments were sold for a total of HK$1.1 billion or HK$128,400 per square foot, the company said.

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