Hong Kong Mansion Sells at 60% of Broker’s Estimate

Summary

A mansion at Jardine’s Lookout has been sold for $46 million
Agents were appointed by receivers in April to sell the unit
8 Purves Road, located in Wan Ch

A mansion at Jardine’s Lookout has been sold for $46 million
Agents were appointed by receivers in April to sell the unit
8 Purves Road, located in Wan Chai’s Jardine’s Lookout area.Source: Jones Lang LaSalle Inc.
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By Krystal Chia
2024年7月31日 at GMT+8 15:16
Updated on 
2024年7月31日 at GMT+8 17:40
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A mansion in Hong Kong has been sold for HK$360 million ($46 million), at about 60% of what agents estimated, adding to a growing list of luxury properties trading at heavy discounts.
A house at 8 Purves Road, located in the Jardine’s Lookout area in Wan Chai, has been sold to an entity called Talent Ample Ltd., according to land registry records. The property is a two-storey detached house with a site area of about 9,814 square feet (912 square meters).

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