(14 October 2009, Hong Kong) - "39 Conduit Road" is a spotlight property in 2009 on Mid-Levels by Henderson Land Development Company Limited (Henderson Land). The developer has held a press conference today (14 October, 2009) to unveil the regality of the residential project and reported record breaking deals made over the weekend.

"39 Conduit Road" is an exceptional integration of wisdom and sophisticated craftsmanship. Situated at Mid-Levels, the property enjoys a highest of 320m altitude, making full use of its advantageous location.

"39 Conduit Road" is a sought after residential property in Hong Kong, also the Group's latest focus. Originally owned by Dr. Lee Shau Kee, Chairman of Henderson Land Group, he has personally put the property on to the market, allowing buyers to have the chance to enjoy such prestigious property that is full of potential. Henderson Land Development Company Limited Sales General Manager Mr. Thomas Lam said, "Demands for luxury properties stays at its peak, especially those that are amongst the best-of-the-best. Henderson Land Group holds a wide range of property of this kind, which is always a popular choice for buyers. The deal that was reached for '39 Conduit Road' could top global record in the split floors residence category, which offers a chance to allow the elites in town, to enjoy such prestigious property."

A Record Breaking Deal that Tops Asia
Mr. Lam stated, "The supply of new luxury residence in Mid-Levels is extremely scarce while luxury properties in such area have always been a sought after choice. We have recently witnessed record-breaking deals in luxury property market. As a result, we have offered exclusive previews of showflats of 39 Conduit Road for selected VIP buyers the past weekend. Market response has been encouraging and we have received numerous enquiries since then. Among all our deals, the top floors special units recorded a HKD71,280 per sq ft (68th floor, unit A, size at 6,158 sq. ft) deal that totaled to HKD439 million. The deal also created records in numerous area, including the followings:

• Record-high of construction price per square foot
• Price per square foot surpasses all residential properties including mansions and houses
• Set new record among properties in Asia
• Challenges to be the highest global price per square foot on split level units (comparing usable area)
• The second highest deal in '39 Conduit Road', reached HKD64,605 per sq ft (68th floor, unit B size at 6,144 sq.ft) deal that totaled to HKD397 million. The Deal also sets a record deal in Hong Kong property market. "

Henderson Land Development Company Limited Sales General Manager Mr. Thomas Lam officially announced the 68th floor unit of "39 Conduit Road" has recorded a HKD 71,280 per sq ft deal that totaled to HKD 438 million. (Click to Download)