A unit in Frank Gehry-designed Opus Hong Kong recently


Sold For HK$470 million (US$60.6 million), setting the record for the priciest condominium in the city, and possible in the world, after London’s One Hyde Park, reported The Property Observer. The 576-square metre unit, bought by an unidentified buyer, fetched HK$81,597 per square metre. It occupies the entire eight floor of Opus Hong Kong, located in the upscale Peak neighbourhood.

The developer Swire Properties declined to confirm the deal. “We have no information to share at this point,” Swire spokeswoman May Lam- Kobayashi told AFP.At the time of launch, Swire indicated they intended to hold on to Opus Hong Kong and that units were meant to be available on a rental basis only. However Swire did say the units would be available for sale if the right offer was made. According to Bloomberg, Opus Hong Kong cost HK$27,000 per square foot to build, including land premium.

The plot on which Opus Hong Kong is built has been in the possession of Swire since the 1940s and until recently housed a company executive.Opus Hong Kong is Frank Gehry’s first residential project in Asia. The world-famous architect has entered the competition to win the contract for the highly-anticipated National Art Museum of China to be built in Beijing. Hong Kong local media said the previous record was HK$360 million, paid last year.