China’s Evergrande Group dreamed big. They envisioned a Hong Kong palace, a modern-day Versailles. Parc Versailles, nestled in Yuen Long near the Mai Po Wetlands, was meant to be a testament to luxury. Evergrande acquired the land in 2019 for a hefty HK$4.7 billion, originally farmland owned by Henderson Land Development. The plan was ambitious. They intended to build 268 villas, each a multi-story marvel. The crown jewel? House 1, an eight-bedroom behemoth boasting 240,000 square feet, complete with four private lifts, sprawling gardens, a swimming pool, and elaborate water displays. Imagine a home the size of 180 typical Taikoo Shing flats combined! This project reflected a surge in Hong Kong’s luxury market. Investors, flush with stock market gains, were diversifying into high-end properties. Evergrande’s HK$4.2 billion investment in converting the land signaled their confidence in this booming market. While the project aimed to evoke the grandeur of the French Palace of Versailles, the Hong Kong Parc Versailles ultimately aimed to redefine luxury living in one of the world’s most vibrant cities.
Центральный дом работников искусств
Step through the grand wooden doors of the Central House of the Workers of Art, and you’ll be transported to