27 September 2014 - Land Registry data indicates that 35 South Bay Road in South Bay, owned by former Legislative Council member Ho Sai-chu’s family was recently sold for HKD808 million. This marks Hong Kong’s largest single house deal across the past three years. Its price per square foot of HKD110,800 is a Southside record high and also the third most expensive luxury residential transaction in Hong Kong.
A two-storey detached house sized at about 7,294 sq. ft. was built on the 18,800 sq. ft. site of 35 South Bay Road in 1957. There is a parking space at the basement. According to The Land Registry, the registered buyer of the house is “Salata Jean Eric”, the same name as that of the Chief Executive of Baring Private Equity Asia.
Please click here for more details.
