Wednesday, September 17 2014 1:52 AM EDT2014-09-17 05:52:15 GMT
The 48-year-old Palestinian woman's husband was shot to death in 2012 by militants in the Gaza Strip for spying for Israel. A mother of seven, she herself was jailed by Gaza's Hamas rulers for aiding and...More >>
The 48-year-old Palestinian woman's husband was shot to death in 2012 by militants in the Gaza Strip for spying for Israel. A mother of seven, she herself was jailed by Gaza's Hamas rulers for aiding and abetting a...More >>
HONG KONG (RNN) – If you’re looking for affordable luxury housing, do not look in Hong Kong.
According to Wall Street Journal Asia, the world’s most expensive home, per square feet, is on the market in the elite Hong Kong neighborhood of Victoria Peak.
The newly-built home boasts four bedrooms, a private pool, a two-car garage, a rooftop terrace and a garden in the 4,661-square foot home. The home would also have a gorgeous view of Victoria Harbor from Hong Kong's highest point, also known as Mount Austin or to locals as The Peak.
The prospective homeowner would be purchasing the home at $22,670.20 per square foot.
Also located on Victoria Peak is the current most expensive home ever bought – a 5,989-square foot home that cost $103.2 million, or HK$800 million – was sold in 2011.
According to the Twelve Peaks’ price list, a potential buyer will also have to pay a 5 percent down payment as part of a preliminary agreement.
An added bonus to those seeking upscale living in the bustling region of China, WSJ Asia says a buyer who makes an offer for the home in the first five months will receive a 3 percent discount. The property developers are also offering an “early-bird buyer an 11.75 percent rebate.”
These discounts come courtesy of slumping real estate numbers across Asia, especially in markets with numerous luxury real estate properties.
If you’re looking for something a little cheaper, auctioneers Sotheby’s has several homes in Hong Kong listed on its website.