A shop unit in Hong Kong’s Russell Street has been sold for $23m (£13.7m), making the shopping street the most expensive rental area in the world.
Hong Kong property power broker Sebastian Skiff said he believes it is a new record, beating New York City’s Fifth Avenue to the pricey shopping top spot.
Mr Skiff gave Bloomberg’s Betty Liu a tour of Russell Street and Causeway Bay, which houses luxury clothing and accessories brands such as Rolex and Gucci.
The most expensive street in the world

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