Skip to main content

Hong Kong’s Most Expensive Home Development Could Be Yours … for $365 Million

Hong Kong‘s K. Wah International Holdings and Chuang’s Consortium International's proposed villa at 28 Po Shan Road.
Hong Kong‘s K. Wah International Holdings and Chuang Consortium International’s proposed villa at 28 Po Shan Road. Chuang Group.

Looking for incredible views of the South China Sea in a vertical villa? The proposed development at 28 Po Shan Road in Hong Kong’s wealthy Mid Levels neighborhood — a 44,388 sq. ft. eight-story residence (according to its building plan) — features a 4,446 sq. ft. garden and 2,197 sq. ft. roof terrace. It could be yours for only an estimated $2.84 billion HKD or about $365 million USD. 

This project was talked about as early as 2009, when the land was originally bid on for a price of $325 million HKD ($42 million USD). Two developers, K Wah International Holdings and Chuang’s Consortium International, are bringing the personal mini skyscraper, the latest must-have for Indian billionaires, to Hong Kong’s verdant hills.

Related Guides

Mukesh Ambani’s 27-floor, $2 billion Antilia private residence overlooking Mumbai, for example, features a 168-car garage, nine elevators and a 50-seat theatre. Mukesh It has a room that blasts out snow flakes, an in-house temple that fits 50 worshippers, three helipads and six floors for Ambani’s luxury cars and is attended by 600 staff members. Not to be outdone, the Raymond Group’s chairman Gautam Singhania built the 30-story JK House in south Mumbai, a nod to one of India’s largest conglomerate’s roots. 

Like the Antilia, the price tag will warrant some equally impressive amenities. Proposed features include six-meter ceilings on the entertainment/dining floor and six floors of residential suites with 11-foot-plus ceilings. Most likely to be purchased by a billionaire, this vertical mansion works out to roughly $8,223 USD per square foot.

The elevated glass palace would be a first in Hong Kong, the world’s most expensive urban center for many years. In comparison, many of its wealthiest residents have opted for sprawling bungalows in exclusive neighborhoods instead of high altitudes.

In 2009, Pony Ma Huateng, the founder of Asia’s largest company, bought a HK$490 million (app. $63 million) property in Shek O and redeveloped it into a 19,600 sq. ft. property valued at about $231 million. Jack Ma, founder of the Alibaba Group, has a 9,890 sq. ft. three-story house on The Peak valued at $193 million.

Given its proximity to the mainland, this project will likely attract the interest of the ultra-wealthy Chinese market. The turnkey project will be built to the buyer’s specifications, and will only be constructed with a buyer’s commitment.

Read More: A Former Banker Becomes a Trending Menswear Designer

Editors' Recommendations

Topics
Matthew Denis
Former Digital Trends Contributor
Matt Denis is an on-the-go remote multimedia reporter, exploring arts, culture, and the existential in the Pacific Northwest…
Take a lot of handwritten notes? This gadget will change your life
A man uses the reMarkable 2.

There is an overwhelming desire to return to paper from people of all walks of life lately. Screens have invaded us. But what we're often not seeing is an actual return to paper. It's not necessarily as convenient as we remember it to be, and a lot of the return to paper is about desire, not action.

Should you also have the desire to return to the physical but also have an addiction to screens, let me introduce you to the reMarkable 2. It's a sort of notebook, drawing tablet, document reader hybrid that is considered one of the best tablets for handwritten notes. Here are the top ways its been helping us.
It helps me remember things
Let's start this one out with a list:

Read more
This Aston Martin DB5 model kit is a James Bond collector’s dream
The Aston Martin DB5 car kit and completed model.

The Aston Martin DB5 has long been a car enthusiast's James Bond memory of choice. As a result, there have been models of it for us to play with for quite some time. Just check out this Lego Aston Martin DB5 from years ago. But there's a new model on the block, and this time you don't have to deal with Lego's blockiness or . Get the Revell Aston Martin DB5, inspired by Goldfinger for just $40. All you need to do is tap the button below, and you can even save $5 extra off your purchase by subscribing to Revell's newsletter via the box at the bottom of their shop page. That makes this highly-collective model effectively just $35.

Why you should buy the Aston Martin DB5 model kit
If you need to escape danger, do so in style. One scene showing the smoke screen, bullet shield, and other capabilities of the Aston Martin DB5 is hard to forget for the many fans of the series and the car. Now, with a shiny, gorgeous model from Revell, fans of Goldfinger can have their own Bond-styled Aston Martin DB5 at their fingertips, ready to reenact the beloved car's favored features.

Read more
Will there be a season 2 of Shōgun?
Want to know if Shōgun will last more than one season?
Hiroyuki Sanada in Shogun

There aren't many shows that debut with a perfect score on Rotten Tomatoes, but FX's adaptation of James Clavell's Shōgun is something special. This is the second time that Shōgun has been adapted for television, and it was also a breakout hit in 1980 when it was hailed as one of the greatest miniseries ever created for TV. It took another 44 years before FX's modern take followed, but this version of Shōgun is already among the contenders for the best TV series of 2024.

Cosmo Jarvis stars in Shōgun as John Blackthrone, an English sailor who is trapped in Japan at the beginning of the 17th century. This was during a time when Japan wasn't particularly welcoming of outsiders. And once Blackthrone proved that he had value, he wasn't allowed to leave. Thus, the show chronicles Blackthrone's transformation as he acclimates to Japan and its people in a time of deadly turmoil.

Read more