Landscope Realty announces the sale yesterday of a unit on a lower floor, Tower 9, Hong Kong Parkview, 88 Tai Tam Reservoir Road, Repulse Bay, Hong Kong.

The property was sold for $32,280,000 which translates into a unit rate of $11,679 per square foot, based on a gross area of 2,764 square feet.

Mr. Stephen Chan, a senior manager of Residential Department who handled the transaction said, “The buyer is an expatriate who has been living in a rented unit in the same estate. Hong Kong Parkview is very popular with expatriate families and has maintained an extremely active leasing market. ”

Hong Kong Parkview is one of the largest upmarket family-oriented housing estates in Hong Kong, offering a wide range of accommodation, from 2-bedroom to 5-bedroom apartments. The estate boasts a comprehensive luxurious clubhouse with a full range of recreational facilities. Situated in greenery of Tai Tam Country Park, the estate is midway between the CBD and the beaches at Southside. The estate has its own shuttle bus service to business and entertainment districts.