75 Deep Water Bay Road
Hong Kong. Unbranded. Two and a half billion Hong Kong dollars — and the house never changed hands.
The property-holding company was sold, not the property. HK$2.5 billion in 2017 to Pan Sutong (潘蘇通) of Goldin, about HK$180,000 per saleable square foot on a reported 13,854 square feet. Contemporary reporting described the stamp-duty treatment that follows from transferring shares rather than title.
This is why a Hong Kong trophy database cannot rest on Land Registry price-paid searches, and it is exactly the case the register's route-to-market axis was built for: the event reads *company transfer — shares rather than title*, and a search of the deeds would show nothing at all.
The house is three storeys with a private pool above Deep Water Bay and the golf course, on a site of about 21,420 square feet, later valued near HK$3.3 billion.
Who it is not for
Not for anyone reconstructing the market from deeds: this sale leaves no ordinary trace. Not for a reader treating the per-foot figure as comparable — it is derived from a share price, not a price paid for a house.
Sources
- SCMP and Bloomberg — HK$2.5bn in 2017, transaction structured as a share transfer, stamp-duty treatment described
- Contemporary Chinese-language reporting — 13,854 sq ft saleable, site about 21,420 sq ft, later valuation near HK$3.3bn
- Wikipedia — list of most expensive houses in Hong Kong
Verification
- Official source
- Not yet checked
- Inventory
- From official source
- Property confirmation
- Pending
- Last verified
- —
Booking
Private Residences records addresses; it does not broker them. Enquiries are passed to the party named in the record, and nothing on this site is an offer.
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