World’s most expensive home per square foot goes on sale
$105.7M doesn’t sound like a record until you look at the size
The property is listed with the charmingly Asian simplicity of House No. 1, located atop the Twelve Peaks development at 12 Mount Kellett Road in Hong Kong.
Listed at nearly $106 million, it’s not the single most expensive property period – that claim belongs to a property in London – but it is the single most expensive property based on price per square foot – a whopping $22,677 per square foot.
Developer Sun Hung Kai Properties is listing House No. 1 at its new Twelve Peaks development located in the city’s exclusive Victoria’s Peak neighborhood at 819.1 million Hong Kong dollars (US$105.7 million). If a buyer pays full price, it would represent a cost of HK$175,735 per square foot and would be the world’s most expensive home ever sold on a per square foot basis. It would also be the most expensive home ever sold in the city.
The recently constructed home spans 4,661 square feet, with four bedrooms, a private pool, a garden, rooftop terrace and a carport that can house two cars.
Hong Kong has broken its share of records before. The most expensive home sold to date in Hong Kong was a 5,989 square-foot manse on 10 Pollock’s Path, also located on the Peak.