"The newly built mansion at 3 The Point went on sale in November 2023 for $43 million, but had its priced reduced to $37.5 million a year later. The sellers then turned to Concierge Auctions, a New-York based luxury real estate firm, resulting in a sale that took 52 days. A live auction was held at luxury hotel The Upper House in Hong Kong on Thursday. There were nine bidders on the property, with the bidding starting at $19 million."
"A mansion in the Coronado Cays went for $24.1 million at a Hong Kong auction last week after years of struggling to find a buyer. The sale is technically still pending because the home is in the escrow process, which can take around a month. The buyer was not revealed by Concierge Auctions but public deeds will be available once the sale is finalized."
3 The Point, a newly built mansion in the Coronado Cays, sold for $24.1 million at a Hong Kong live auction after years on the market. The property first listed in November 2023 at $43 million and was reduced to $37.5 million a year later before owners engaged Concierge Auctions. The auction at The Upper House attracted nine bidders, opened at $19 million, and produced a sale within 52 days. The transaction remains in escrow, which can take about a month; the buyer has not been disclosed and public deeds will be available once finalized. International bidders could participate with a $100,000 deposit and proof of funds.
Read at www.sandiegouniontribune.com
Unable to calculate read time
Collection
[
|
...
]