Casino mogul Stanley Ho and his first wife’s opulent Hong Kong mansion has been listed for sale for a staggering $383 million, making it one of the most expensive properties on the market in the city. The sprawling estate, known as “The Peak Residence,” is located in the prestigious neighborhood of Victoria Peak, overlooking the stunning skyline of Hong Kong.
The mansion was originally built in the early 1950s and was once the residence of Ho and his first wife, Clementina Leitao. Ho, often referred to as the “King of Gambling,” made his fortune in the casino industry and became one of the wealthiest men in Asia. The couple’s marriage ended in divorce in the 1980s, and the property has remained in Ho’s possession since then.
The Peak Residence sits on a large plot of land, spanning over 70,000 square feet, and boasts a total of 5 bedrooms, 8 bathrooms, and numerous luxurious amenities. The estate features a private swimming pool, a tennis court, a spa, a home theater, and stunning panoramic views of the city and Victoria Harbor.
The interior of the mansion is adorned with exquisite fixtures and finishes, including marble floors, crystal chandeliers, and custom-made furniture. The property also includes a separate guesthouse, staff quarters, and a garage that can accommodate multiple vehicles.
According to the listing agent, the property is being marketed to ultra-wealthy buyers who are seeking a prestigious and exclusive residence in one of the most coveted neighborhoods in Hong Kong. The Peak Residence offers unparalleled privacy and security, as well as access to some of the city’s best shopping, dining, and entertainment options.
Ho, now in his late 90s, has been in poor health in recent years and has reportedly been divesting some of his assets, including this iconic mansion. The sale of the property is being handled by a prominent real estate agency in Hong Kong, and interested buyers are required to submit proof of funds before scheduling a viewing.
The listing of the Peak Residence has generated significant buzz in the real estate community, with many speculating that it could set a new record for the most expensive residential property ever sold in Hong Kong. With its unrivaled location, lavish amenities, and rich history, this mansion truly represents the epitome of luxury living in one of the world’s most dynamic cities.