Revealed: Suzhou contractor is buyer of one of Asia’s priciest flats at Mount Nicholson
Zhu Xingliang, founder of Suzhou Gold Mantis Construction Decoration, last month paid almost half a billion Hong Kong dollars for a flat at Mount Nicholson, making it the third-most expensive home in Asia.
Mainland decoration billionaire Zhu Xingliang is the likely owner of Asia’s third most expensive flat, located at the exclusive Mount Nicholson development on The Peak.
Zhu, from Suzhou, was revealed as the buyer of the 4,266 sq ft flat on the 10th floor of the development’s third phase, according to data released by the Land Registry Wednesday.
The buyer paid HK$498.88 million, or HK$116,945 per square foot, for the four-bedroom flat on December 1.
The buyer’s surname, spelt “Xhu” in the Land Registry, appeared to be the same in Chinese script as the majority shareholder of Shenzhen-listed Suzhou Gold Mantis Construction Decoration, which engages in interior design, construction and landscaping in the mainland.
The Land Registry confirmed on Thursday that there was a mistake in its records relating to the surname of the buyer.
“After we verified with the law firm which submitted the legal document for deeds registration, it found a typo error in the spelling of the buyer’s surname,” a spokeswoman at the Land Registry told the South China Morning Post on Thursday.