Indian billionaire Ambani’s vertical villa inspires Hong Kong Mid-Levels property
- K Wah International and Chuang’s Consortium International have unveiled plans to build an eight-storey home at the Mid-Levels in Hong Kong
- The 44,388 sq ft project at 28 Po Shan Road will be offered on a turnkey basis
Two developers are bringing the personal skyscraper, or at least a miniaturised version of the latest must-have of Indian billionaires, to Hong Kong, with plans for an eight-storey, vertical villa at Mid-Levels.
The building will have 44,388 sq ft (4,123 square metres) over eight floors, complete with a 4,446 sq ft garden and 2,197 sq ft roof terrace, according to its building plan. Proposed features include six-metre ceilings on the entertainment-dining floor, and six floors of residential suites with ceilings at least 3.5 metres tall.
“Any buyer for this property is coming from a special background, while seeing the project as a trophy asset and not looking to resell in the short term,” said Martin Wong, director and head of research and consultancy at Knight Frank. “This project is unique and scarce in the market, while requiring a lot of capital, it is believed its market appeal is not set for typical Hong Kong consumers.”
Vertical villas are all the rage among India’s wealthiest. Mukesh Ambani’s Antilia is a US$2 billion personal skyscraper standing 27 stories tall in one of Mumbai’s most expensive neighbourhoods. It has a room that blasts out snow flakes, an in-house temple that fits 50 worshippers, three helipads and six floors for Ambani’s luxury cars, all attended by 600 staff.