Island Resort | |||||||||||
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Traditional Chinese | 藍灣半島 | ||||||||||
Simplified Chinese | 蓝湾半岛 | ||||||||||
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Island Resort (Chinese: 藍灣半島) is a high-rise complex located in the Siu Sai Wan area of Hong Kong (address: 28 Siu Sai Wan Road, Siu Sai Wan, Chai Wan, Hong Kong). Construction of the complex began in 1999, and was completed in 2001.[1] It is also the 71st tallest building in Hong Kong, tied with The Dynasty Tower.[1][2]
The land on which the Island Resort complex is situated is the most expensive in the city; in 1997, prior to the transfer of sovereignty of Hong Kong, Sino Land purchased the 2,500,000-square-metre (27,000,000 sq ft) piece of land for US$1,515,384,620 in order to develop the Island Resort complex.[3] The purchase was the last major land sale in Hong Kong that took place while the United Kingdom was still in control, and was also the most expensive land transaction in the city's history.[3][4]
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