Present
The Repulse Bay area is one of the most expensive housing areas in Hong Kong. The prices are matched only by the Peak. In 2012, some townhouse reached HK$50,000 (US$6,500) per square foot.
The former Repulse Bay Hotel was demolished in 2 stages during the 1970s and 1980s. Later a boutique shopping mall was constructed on part of the old hotel site to mimic some of the lost colonial architecture.
Stanley Ho owns both 1 Repulse Bay Road and 4 Repulse Bay Road, alongside many other properties around that area..
Read more about this topic: Repulse Bay
Famous quotes containing the word present:
“For Africa to me ... is more than a glamorous fact. It is a historical truth. No man can know where he is going unless he knows exactly where he has been and exactly how he arrived at his present place.”
—Maya Angelou (b. 1928)
“Keep your hands clean and pure from the infamous vice of corruption, a vice so infamous that it degrades even the other vices that may accompany it. Accept no present whatever; let your character in that respect be transparent and without the least speck, for as avarice is the vilest and dirtiest vice in private, corruption is so in public life.”
—Philip Dormer Stanhope, 4th Earl Chesterfield (1694–1773)
“There is natural ignorance and there is artificial ignorance. I should say at the present moment the artificial ignorance is about eighty-five per cent.”
—Ezra Pound (1885–1972)