An anonymous buyer just purchased this $86 million mansion and will reportedly pay no tax on it

Filed under: Finance, HomeThe first blockbuster home sale of 2017 is here, and it's a doozy.A newly constructed, nearly 8,000-square-foot mansion in the well-heeled Southern District of Hong Kong has found a buyer. The asking price was $670 million HK — nearly $86 million US — though its unclear what the house sold for exactly.The buyer has not been named. Raymond Ho, the deputy senior director of residential development and investment at real estate firm Savills, which brokered the deal, referred to them as "an experienced buyer from Hong Kong"...
6 Published By - aol.com - 2017.01.11. 18:19
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