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Logo from Mount Nicholson
Luxury home at Mount Nicholson sells for $577.4m
The purchase price translates to $82,000 per square foot.
House 12 at the Mount Nicholson project on The Peak was sold for $577.4m or $82,000 per square foot (sq ft).
According to data from Savills, House 12 spans 7,042 square feet (sq ft) with a 2,751 sq ft garden and a 1,970 sq ft terrace.
Publicly available data showed that the unnamed buyer of the property paid 5% of the purchase price on the signing of the Preliminary Agreement for Sale and Purchase (PASP).
The buyer will further deposit 5% of the purchase price upon the signing of the ASP.
The remaining 90% of the purchase price will be paid by the buyer on or before the 74th day after the date of PASP.
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