It also features a private 1,508 square foot rooftop, complete with a Jacuzzi. The undisclosed buyer will have sweeping views of Hong Kong`s glittering skyline.
While this apartment is the most expensive to ever sell in Asia, the region`s priciest unit per square foot basis remains a duplex in the same building that sold for 95,971 Hong Kong dollars ($12,383) per square foot in June 2015, according to real estate agency Knight Frank.
The hefty price tag also pales in comparison to the 1.5 billion Hong Kong dollars ($190 million) that Alibaba Chairman Jack Ma reportedly paid for a three-story Hong Kong house in August.
Hong Kong is one of the world`s most expensive cities, but in terms of singularly expensive properties it still lags behind London and New York, where many of the world`s uber-rich choose to park their money.
New York`s most expensive apartment to date is the penthouse in the One57 building on West 57th Street that was purchased by an anonymous buyer for $100.5 million in early 2015, according to New York real estate group CityRealty.
Apartments in 15 Central Park West are the most expensive on a square foot basis, averaging $5,849 per square foot, CityRealty said.
London retains the crown for the world`s most expensive apartment -- a three-floor penthouse at One Hyde Park was sold to Ukrainian mining magnate Rinat Akhmetov for a gobsmacking £136.4 million ($208 million) in 2011, according to The Guardian.
However, no residential property will ever be able to compete with Buckingham Palace, Queen Elizabeth`s 775 room abode, which is valued at more than £1 billion ($1.53 billion) by valuation site Zola, easily making it the most expensive private residence in the world.
Only the world`s wealthiest have bank accounts large enough to even consider purchasing these types of properties, but the record-breaking prices highlight the growing gap between the rich and poor.
Hong Kong ranks as the world`s least affordable city when housing prices are compared to average income, according to UBS, followed by London, Paris, Singapore and New York.
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