Property Hunter Magazine October Issue 2014 | Page 72

/// International Property News Price Growth of Luxury Homes in US Cities Eclipsing Europe & Asia Sun Hung Kai Properties Ltd is asking a record per-square-foot price in Asia for a house on Hong Kong’s Victoria Peak after it failed to attract satisfactory tender bids for two other units in the project. INTERNATIONAL The 4,661-sq ft house in Twelve Peaks, a development at 12 Mount Kellett Road, is priced at HK$175,735 (RM72,620) a sq ft, or a total of HK$819.1 million, according to a F