Sun Hung Kai Properties

$450m home the priciest since '97

PUBLISHED : Thursday, 01 April, 2004, 12:00am
UPDATED : Thursday, 01 April, 2004, 12:00am

Sun Hung Kai Properties has joined the rush for luxury premises, paying $450 million for a house in Deep Water Bay. It is the largest single-house transaction since the property-market bubble burst in 1997 and reflects developers' positive outlook for the top-end market.


Full report - B1