Contributors: Richard Frost
Updated on September 21, 10:00 PM EDT
What You Need To Know
What does a ostentatious mansion on the market for HK$2.2 billion ($281 million) say about Hong Kong?
Whether it’s a disgraced tycoon’s seized property or subdivided “coffin” homes, real estate dominates Hong Kong life and provides a fascinating lens to understanding the city.
Take the aforementioned mega mansion. The 18,000-square-foot home with 11 bedrooms represents a former era when wealthy Chinese buyers flocked to the city for trophy properties. Today, China’s slowdown, crackdowns and capital controls mean money from the mainland is no longer pouring into the city like it used to.
Take a tour through our Open House series for more of Hong Kong’s most interesting homes.
