It is reported that members of the Sun Hung Kai Properties Kwok family purchased a Western-style house in the Southern District of Hong Kong for 180 million HKD.

NightAirdropper · 2026-02-26T02:11:01+00:00

Hysan Properties' Guo family purchased a detached house in South Hong Kong's SHOUSON PEAK in early February for HKD 180 million, with a usable area of 3,600 square feet, equivalent to HKD 50,000 per square foot, 32% cheaper than similar properties in 2016. In the transaction, the developer paid stamp duty of HKD 7.65 million.

NightAirdropper

2026-02-26 02:11:01

Abstract generation in progress

Opinion Web News: On February 25th, according to media reports, members of the Guo family of Sun Hung Kai Properties purchased a detached house in South District, Hong Kong, for HKD 180 million earlier this month.

The house has a usable area of 3,600 square feet, including a 750-square-foot terrace and a 1,138-square-foot garden, with a price per square foot of HKD 50,000. The transaction terms include a stamp duty of 4.25% paid by the developer, amounting to HKD 7.65 million.

Data shows that SHOUSON PEAK offers a total of 31 detached houses. Adjacent to the above-mentioned house, another detached house with a usable area of 3,603 square feet was sold in mid-2016 for nearly HKD 265 million, with a price per square foot of approximately HKD 73,485.

Based on this, the Guo family members’ purchase price per square foot is 32% lower than similar transactions in 2016.

Disclaimer: The content and data of this article are compiled by Opinion based on publicly available information and do not constitute investment advice. Please verify before use.

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