Asia most expensive address – Frank Gehry designed Opus Hong Kong’s apartment sold for $66 million
Though, the 83-years old celebrated architect Frank Gehry who’s known for sculptural elements and skyline changing shapes of buildings, entered the Asian market a little later than his fellow western star-architects, but he has certainly managed to make his entry memorable. As an apartment in Frank Gehry’s first creation in Asia, the Opus Hong Kong building got reportedly purchased by a buyer for staggering $61 million, to become the priciest condominium in the city known for its sky-high prices. $61 million for 6,200 square feet apartment turns out to be the highest price per square foot ever paid in Asia, and possibly the world’s second-highest after London’s famous One Hyde Park. The apartment which takes up the entire eighth floor of the 12-storey building situated on the city’s affluent Peak neighborhood, is the Frank Gehry’s joint effort with Hong Kong based developer Swire Properties Ltd.
For Pritzker Prize-winning architect Frank Gehry, designing this building on the site like Peak was an honor and a lifetime opportunity, and he wanted to make it special. Completed in March, the building boasts an undulating glass façade that curves and offers each floor a distinct vista of the surrounding leafy environs.
Given the fame of the architect, the price didn’t actually surprised Centaline Property Agency Head of Research Wong Leung-sing, as he says, they are not selling it as an apartment, but as masterpieces. Certainly, the Hong Kong ‘superluxury’ property market steamrolls ahead with this record $61 million sale.
Apart from its unrivaled placement atop Hong Kong in the Peak residential area and world renowned architect, Opus as an architectural masterpiece also stands out the relative vastness of its units. The entire building is made up of 12 units, each comprising of a floor with a unique layout, ranging from 6,000 to 9,000 square feet. Interestingly, the building is also notable because builder Swire always had the intention to rent, rather than to sell units.
Some of the noted Frank Gehry’s work includes the Walt Disney Concert Hall in Los Angeles, the Guggenheim Museum in Bilbao, and his residential work at 8 Spruce St., a gleaming 76-storey art sculpture in downtown Manhattan, whose penthouse is available for rent at $60,000 per month.
Also, we have earlier seen the sale of world’s most expensive one-bedroom apartment, a minimal condominium ‘The House” located in Minato, Tokyo, for staggering $22 million, to become one of the world’s most expensive home. Probably, just a 1 bedroom and 1 bathroom condo’s price may have something to do with its location in Minami-Azabu, Tokyo’s most expensive upscale residential area.