|The homes at 12 Kellett Road on The Peak -- who will buy the first one?|
"The decoration cost of No. 1 is nearly equivalent to 10 percent of the selling price. It will probably be the most expensive house in the world per square foot if it fetches that amount," says Victor Lui Ting, deputy managing director at Sun Hung Kai Properties, the company selling the dozen homes.
On paper, it doesn't seem like Hong Kong's economy has any problems, does it?