Wheelock sells HK Peak mansion for HK$630m

Hong Kong

WHEELOCK Properties has sold its third luxury home in Hong Kong's exclusive Peak neighbourhood to an unidentified buyer for HK$630 million (S$110.4 million), a lower price than two villas it sold earlier this year at the same development.

The sale price works out to HK$78,000 per square foot, or an 11 per cent discount compared with the first villa the company sold in February at the Mount Nicholson proje…