Desire for the address
by Luxury.Net
Frank Gehry is just brillian. His works are often cited as being among the most important works of contemporary architecture in the 2010 World Architecture Survey, which led Vanity Fair to label him as “the most important architect of our age”.
Asia most expensive address – Frank Gehry designed Opus Hong Kong’s apartment sold for $66 million. In India, the real estate figures are now touching sky. With the increase in property prices, the rent for office spaces are also escalating high. According to a latest Asia Pacific Office market report published by Cushman & Wakefield, a realty consultancy firm, Delhi-NCR has surpassed Mumbai in office rental values. This report also shows the other two Indian cities that made through the list of most expensive, apart from other Asian locations.
If you move to Hong Kong you would find tough to own one beautiful address. 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.
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.
