The luxury development at 8 Deep Water Bay Drive. Photo: K. Y. Cheng

Buyer walks away from US$32 million Hong Kong luxury home, as trade war and protests sap appetite for real estate investment

  • An unidentified Hong Kong buyer has walked away from a contract to buy a HK$251.23 million luxury home in the Deep Water Bay neighbourhood, forfeiting a HK$12.5 million deposit
  • The property, at 8 Deep Water Bay Drive, is a luxury apartment measuring 3,641 square feet
Topic |   Hong Kong property

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The luxury development at 8 Deep Water Bay Drive. Photo: K. Y. Cheng
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Sandy Li

Sandy Li

Sandy Li is the property editor. She covers property market which focus in listed property firms and government policy. During her career she has won several journalism prizes, including the Citi Journalistic Excellence Award in 2011. She was first runner-up for the same award in 2010.