Friday January 09, 2009

Thaksin buys $40m HK house


Thursday, June 14, 2007

OUSTED Thai prime minister Thaksin Shinawatra shelled out close to US$27 million ($40.5m) this month for a townhouse in Hong Kong's most prestigious neighbourhood, setting an Asian record, a Hong Kong newspaper said yesterday.

The exiled politician paid about HK$210 million (US$27 million) — HK$41,000 per square foot — for a 5,100 sq ft (474 sq m) house on the Peak, the highest ever unit price in the region's luxury real estate arena, the Standard cited several unidentified sources as saying.

Reuters