In June 2022, the HK$870 million (US$111 million) sale of an 8,032 sq ft, six-bedroom mansion at the No 15 Shouson development in the Shouson Hill neighbourhood in Southside broke records as the most expensive home transaction in Hong Kong.

Amenities inside the luxury home include a private pool, a garden measuring 3,427 sq ft, and a rooftop of 2,091 sq ft, as well as two parking spaces. All the bedrooms feature en suites. This marks the very first sale at the exclusive estate, which is co-developed by Emperor International, C C Land, Mingfa Group and CSI Properties.

The previous most expensive home transaction record was set in 2021, when a 3,378 sq ft apartment on 21 Borrett Road in the Mid-Levels sold for HK$459 million (approxomately US$58.5 million). It was also the most expensive apartment sold in Asia at the time.

In December 2022, the Cameron Lodge luxury property on 5 Mount Cameron Road on the Peak, sold by John Swire & Sons (HK) for HK$1 billion (approximately US$128 million), or HK$$94,438 (approximately US$12,091) per sq ft, reportedly became the most expensive property sold in Hong Kong last year. 

It was reportedly acquired by Hong Kong Better Roots Fund, whose director Feng Jiyong is based in Beijing. 

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