The US government has invited bids for several luxury mansions in the Hong Kong area, one of the world’s most expensive real estate markets, as tensions rise between Washington and Beijing.
The residential complex located in a high-end neighborhood – Shouson Hill, south of Hong Kong Island – was reportedly “secretly” put up for sale earlier this week. The price tag for the lot is huge, but estimated values vary in the media. According to new local website HK01, six homes at 37 Shouson Hill Road with beautiful views of the bay are worth HK$10 billion (US$1.3 billion). The outlet notes that the price per square meter in the luxury area can reach up to HK$200,000 (nearly US $26,000).
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