39 Conduit Road Crowned Top Price for Mid-Levels Flats
2020-02-13
The legendary transaction began in mid-April this year, where the original owner of a flat at 39 Conduit Road stopped paying mortgage following the second monthly installment since purchase. After a protracted legal process to repossess the property, the bank placed an auction instruction held in late April. Eventually, Henderson Land Development Company has set another record at the auction and, of course, the housing market by offering a selling price of HK$108.3 million. Sincere Finance Group founder Tse Shiu-hoi is believed to be the buyer.