US Govt Puts Hong Kong Mansions Up For Sale
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2020-05-30 HKT 21:45
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The US government is putting up for sale several mansions it has held for decades in Hong Kong's Southern District.
News that bids are being invited for the cluster of properties on Shouson Hill Road comes as tension escalates between Washington and Beijing, with US President Donald Trump announcing on Friday night that he is stripping Hong Kong of its preferential treatment.
A US State Department official confirmed to RTHK that the luxury homes, reported to be worth up to around HK$5 billion in total, have been put on the market.
A spokesman said US government departments regularly review overseas property holdings.
As well as selling the Shouson Hill Road properties, the US is also investing in enhancing other US government-owned assets in Hong Kong, including the consulate office building, the spokesman said.
The US is believed to have bought the plot of land the homes stand on back in 1948.
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