A view of '39 Conduit Road', a luxury residential apartment block built by Hong Kong-based property developer Henderson Land in the city's Mid-Levels residential area. Photo: EPA
A view of '39 Conduit Road', a luxury residential apartment block built by Hong Kong-based property developer Henderson Land in the city's Mid-Levels residential area. Photo: EPA
Property /  Hong Kong & China

Canary in the Hong Kong housing market? Why one Mid-Levels mortgage default is a case study in financial engineering

A luxury Conduit Road property, purchased in 2014 for HK$134.9 million, went under the gavel Thursday after its owners failed to meet monthly mortgage payments

Topic |   Hong Kong property
Sandy Li
Sandy Li

Updated: 8:25am, 13 Jul, 2017

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A view of '39 Conduit Road', a luxury residential apartment block built by Hong Kong-based property developer Henderson Land in the city's Mid-Levels residential area. Photo: EPA
A view of '39 Conduit Road', a luxury residential apartment block built by Hong Kong-based property developer Henderson Land in the city's Mid-Levels residential area. Photo: EPA
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