An aerial view of Repulse Bay, one of the most expensive residential neighbourhoods in Hong Kong. Photo: Sun Yeung
An aerial view of Repulse Bay, one of the most expensive residential neighbourhoods in Hong Kong. Photo: Sun Yeung

SEA Holdings wins Repulse Bay plot for US$153 million, sets record for land sold through government tender

  • A unit of SEA Holdings paid HK$62,352 per square foot for a luxury residential site in Repulse Bay
  • The price tag reflects developers’ confidence in the city’s luxury residential market, market observers say

An aerial view of Repulse Bay, one of the most expensive residential neighbourhoods in Hong Kong. Photo: Sun Yeung
An aerial view of Repulse Bay, one of the most expensive residential neighbourhoods in Hong Kong. Photo: Sun Yeung
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