$720m Jardine's Lookout house up for sale

A two-story house at Jardine's Lookout with a value of HK$720 million or HK$110,889 per square foot has been put on the market.

The 6,493-sq-ft house on 8 Purves Road is built upon a site of 9,814 sq ft and can be redeveloped into a three-story home, property agency JLL said.

In the primary market, Chinachem Group sold a four-bedroom home together with a parking space at University Heights in Mid-Levels West for HK$71.8 million by tender.

The 1,584-sq-ft home costs around HK$45,328 per sq ft, the developer said, adding that it has recorded contracted sales of over HK$930 million after selling 10 units in the project.

Meanwhile, Sun Hung Kai Properties (0016) said its phase 1 of Silicon Hill in Tai Po is set to put 72 flats on sale on Friday. The homes, with areas ranging from 217 sq ft to 661 sq ft, are priced from HK$3.85 million to HK$11.41 million after discounts or from HK$16,963 to HK$19,773 per sq ft.

The sixth price list released on Sunday has 58 homes ranging from 217 sq ft to 578 sq ft and priced from HK$3.85 million to HK$10.03 million after discounts, or from HK$17,079 to HK$19,773 per sq ft.

In Tseung Kwan O, Villa Garda I - phase 11B of Lohas Park - which provides 592 units has been granted presale consent, the developers said. The project is jointly developed by Sino Land (0083), K Wah International (0173) and China Merchants Land (0978).

In Hung Hom, Henderson Land Development (0012) launched the fourth price list for Baker Circle Dover, offering 68 homes at an average per sq ft price of HK$24,168 after discounts.