Monday, June 23, 2008

New Record In Hong Kong Real Estate...



The Arch , a 82-floor, 231 meter (758 foot) tall skyscraper completed in 2005 located in the Kowloon district of Hong Kong has just seen a brand new record.

A penthouse on the 80th floor has sold for $28.8 million making it the most expensive apartment per square foot ever sold in Asia at $ 41,000 per square foot.
The luxury 5,497 square foot apartment has a private swimming pool and a rooftop terrace.

The Arch is the third tallest residential building in Hong Kong with 65 floors.
The connecting twin towers with 1000 apartments is composed of two towers joined at the center by a "club house" featuring a fitness area, lounge, and pool areas.
In Asia, no floors starts nor ends with the # 4.

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