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Hong Kong historic palace sold for 72M USD
A historic mansion in Hong Kong was sold for $72 million USD, marking one of the largest real estate transactions in the city this year. The palace is located on the eastern side of the island and spans over 6,100 square feet. It was purchased by the wife of the billionaire founder of Hillhouse Capital. The luxury real estate market has experienced a notable rebound, driven by increased demand from buyers from Mainland China.
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