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World's Priciest Apartment Sells for $56M

Hong Kong duplex goes to mainland Chinese buyer

By Jason Farago,  Newser Staff

Posted Oct 15, 2009 5:50 AM CDT

(Newser) – A mainland Chinese buyer has purchased the most expensive apartment in the world, a duplex at the top of a Hong Kong highrise selling for $56.6 million. Hong Kong exited recession in the second quarter and its property market has rebounded strongly, although with prices up 30% this year the government has voiced fears another bubble. The apartment is on the "68th" floor of a 40-story building—the developer took a few liberties in numbering.

An apartment in Hong Kong has sold for $56.6 million, the highest price ever for an apartment.
An apartment in Hong Kong has sold for $56.6 million, the highest price ever for an apartment.   (©AndyFitz)
A mainland Chinese buyer purchased the duplex, located in Mid-Levels on Hong Kong Island.
A mainland Chinese buyer purchased the duplex, located in Mid-Levels on Hong Kong Island.   (©David Bailey MBE)
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COMMENTS
Showing 3 of 4 comments
bewilderbeast
Oct 16, 2009 11:47 AM CDT
Me too - SO relieved this guy has squeaked thru the recession and is doing OK. Probly his 3rd "home".
Nxxxx
Oct 15, 2009 12:34 PM CDT
London vies with Moscow for most expensive real estate in Europe but I think HK has it licked. I was in Tasmania a few weeks ago and saw the most beautiful real estate for dirt cheap prices. A sample: http://www.realestate.com.au/r...
phil
Oct 15, 2009 11:05 AM CDT
I am pretty sure there are apartments on regents park worth more than this.
 

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