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Frank Gehry's Spiraling Creation

Posted: Nov. 23rd, 2012  |  By Michael Pearse
Frank Gehry's Opus in Hong Kong
Swire Properties

Frank Gehry’s first residential building in Asia is quite the work of architecture. The Opus is a gorgeous twisting 12 story complex perched on the hills overlooking the Hong Kong skyline with quite the hefty cost to buy its contained apartments: The 9th floor sold for $58 million.

The 12-story twisting tower is world-renowned architect Frank Gehry's first residential building in Asia. Yesterday, Swire informed me that its ninth-floor, 6,683-square-foot unit with panoramic views of the both the surrounding forest and the harbor-side skyline recently sold for more than $58 million -- that's $8,784 per square foot -- making it one of the world's most expensive residential properties, and the most expensive in Hong Kong. In August, the eighth-floor unit sold for more than $55 million. The Opus was actually conceived of as a rental property, and the first tenant, who leased a double-level garden apartment with a private pool, is paying roughly $110,000 per month for the next three years.

Read More on features.blogs.fortune.cnn.com

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