A four-bedroom house in Hong Kong’s exclusive Peak neighborhood has just been sold for $149 million (HK$1.16 billion).
According to Bloomberg, the four-bedroom, three-story building boasts unhindered views of Hong Kong and Victoria Harbour, a swimming pool, elevator, garden, two-car parking lot, plus a master bedroom with two separate dressing rooms and en-suite baths. Cooking appliances are by Gaggenau and the home automation system is controlled by a smartphone.
Some argue that Hong Kong’s risk of a house price bubble is creeping steadily higher as local and foreign investors pile into the city. Certainly, the buyer could get a lot more for his or her money elsewhere: In London, a house that rivals Buckingham Palace for luxury is on the market for US $18 million less than the four-bed Peak home.