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Lansner on Real Estate ~ The latest news about the housing market from Orange County Register columnist Jon Lansner.

Really? $57 million buys one Hong Kong apartment

October 14th, 2009, 6:00 pm · 5 Comments · posted by Jon Lansner

really

Real estate news and views from around the globe that make you go, “Really?”

  • BUBBLY: One Hong Kong apartment — it is 6,158 square-feet big — sells for whopping $57 million (Associated Press) MORE HERE!
  • TRADE OFF: Many homeowners turn into reluctant landlords when they must move but can’t sell a home. (Reuters) MORE HERE!
  • TENANTS NEEDED: Energy slump pushes Wyoming vacancies higher (cbs4denver.com) MORE HERE!
  • DEALING: Incentives ($99 deposits, free first month, free heat/hot water) offered to lure Maine’s renters. (WMTW) MORE HERE!
  • EXCEPTION: Southern Oregon bucks high national apartment vacancy rate (KDRV) MORE HERE!
Posted in: Apartments/RentsOdds & endsTop tale
 
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 5 Comments

  • Jc says:

    That’s the entire floor, in a deluxe building.

    • trojan949 says:

      no it is not the entire floor. it is one of the TWO penthouse units.

      Personally I don’t buy this story. The most $$/ft in HK I have heard was not even half of this figure. This building is butt ugly, and the land it sits on is smaller than the footprint of a parking structure in Fashion Island.

  • CoolView4375 says:

    I bet the buyer paid $57 million cash. Probably owns the Vizio TV factory. Communism 21st century style sounds alot better than capitalism Obama style.

  • brian says:

    here are some photos
    mid level with a view over Central
    sweet
    my kinda socialist state

    http://www.skyscrapercity.com/showthread.php?t=759474

  • rants says:

    I’m calling BS on the hong kong story-

    but not this– foreclosures just keep on rising confirming
    the recessions over– you know the recession that the
    economists didnt forecast but now say is over– morons

    http://www.cnbc.com/id/33312786