Regal Mountain House sells for 116 million yuan

It was jointly developed by Paliburg Group (0617) and Regal Hotels (0078)

It is located at Regal Peak, 23 Liping Road, Jiutu Mountain, Sha Tin. The No. 12 house in the project was successfully sold through bidding, with a transaction price of 116 million yuan and a price of 32,000 yuan per square foot, with two parking spaces. Based on the turnover, this transaction even created Jiupu Liping Road. A new high for residential projects in 2020.

The No. 12 detached house sold this time has five bedrooms and five sets of space

The five-storey building from the basement to the rooftop has a practical area of ​​3655 square feet and a garden area of ​​1687 square feet. Calculated based on the total area of ​​the detached house. The second largest. There is also an independent lift inside the house, which can directly reach the basement parking lot; the top floor area also reaches 786 square feet, with a wide view and a lot of mountains.

Fan Tong, Executive Director and Chief Operating Officer of Paliburg Group, said: “In just two weeks into 2020, the achievements of the” Regal Peak “are encouraging. The project has realized more than 1 billion yuan since its sales last year.”

The project consists of 136 low-density stratified dwellings and 24 independent bungalows

The multi-storey residential building is 11 stories high with a total of 7 blocks ranging from approximately 1600 to 3300 square feet. The saleable area of ​​24 independent bungalows ranges from about 2200 to 5000 square feet. The entire project has 193 resident parking spaces and is well supplied.


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