With no other young properties for sale on Bowen Road, the top-end development has achieved record prices
Bowen Road's tranquility has attracted running enthusiasts and flat-seekers looking for a quiet home in Mid-Levels.
But the price gap for projects of different ages is much steeper than the running path.
Last week, Henderson Land Development sold four units in Regence Royale to Macau gaming mogul Stanley Ho Hung-sun's fourth wife, Angela Leung On-kei, for up to $20,000 per square foot.
The price was a record high for the three-year-old project - and much higher than those fetched recently for other buildings in the neighbourhood.
Even the cheaper price of $16,000 per sq ft Ms Leung paid for two of the four units was significantly higher than prices of about $9,000 per sqft achieved recently for units in older Bowen Road buildings.