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Sky-high Prices

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Shau $233 million trillion to buy Hong Kong mansion plots
high higher higher than located in market market expectations sky-high sky-high prices

On the morning of May 19, a luxury plot in Hong Kong sold a record price at an auction in Tuesday.　　The 82-Year-old bought the plot, an equivalent of HK $68000 per square foot.　　The Wall Street Journal quoted the auctioneer as saying the price was higher than market expectations and also a record price for Hong Kong's auction of luxury residential plots. The plot, which is located in Hong Kong's luxurious hilltop area, was purchased for Shau's family. At the end of the auction, Shau's son, Ka, said the Li family was preparing to build three to four houses here, but he did not further explain. The plot is called "Fal ..."

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