Discovery bay in Lantau is set to become one of the most expensive places to live in Hong Kong.

Hong Kong resorts to day announced they are planning on developing plots for individually designed house starting from wait for it - HK$300 million dollars!

Hong Kong property is already expensive but this brings Discovery Bay into the realms of the most expensive places to live in the world let alone Hong Kong.

Will it be that the Hoi ploi will soon be hobnobbing it down at the plaza with some real celeberities.

Will the park n shop be replaced with Olivers?

Mcsorleys pub torn down and a new "Pierre a DB " built in its place?

Will they be joined by a fleet of gold plated golf carts or will each house come with a helicopter landing pad as standard?

A HKR spokesman said they had already received interest from some 10 parties for the houses, she declined to comment however that such celebrities as jackie chan or oprah were on the list!

As a matter of interest for our members we have listed some alternative venues for plonking down HK$300 Million.

1:HK$300 Million A rare opportunity to acquire an imposing detached period residence located on one of London's finest tree lined roads. In addition to the main house, there is a newly constructed family house benefiting from its own private entrance on Townshend Road. The two properties provide in excess of 14,000 sq.ft / 1,300 sq.m of internal accommodation and both feature indoor swimming pools.

The main house offers parking for four to five cars behind electric gates whilst the second house benefits from a double garage

No 2:Take a deep breath in and enjoy this new vision of Old Hawaii.

The very finest oceanfront estate, Tara Plantation, is now offered for the first time!

Embracing a secluded crescent cove of white sand beach on the tropical island of Kauai, set in a gently sloping fertile valley, complete with its own meandering tropical stream, spring-fed pool and silvery waterfall and panoramic views, Tara Plantation is an unparalleled opportunity to enjoy Kauais finest island property. Extraordinary privacy is assured on the Plantations approximately 171 acres located on Kauais sunny northeastern coast.Enter your gated compound and lazily drive down a country road to your spacious 15,000 square foot classic Hawaiian style main home with two 4000 square foot guest bungalows all of which have been tastefully furnished by the famous California designer, Waldo Fernandez. T

he main home has 6 bedrooms and 8.5 baths with his and her private living rooms.

Exceptional wood finishes, a professional kitchen, and generous ocean view lanais allow for easy island living. A swimming pool, beach cabana, yoga studio, a 3 bedroom caretakers home, horse stables, numerous fenced corrals, super large workshop and barns add to this perfect estate.Attention to detail is an understatement at Tara Plantation. The property has been enhanced with a full security system, internet video camera, satellite TV/Cable, and T1 line. In addition, there are two large generator systems, private diesel and propane supplies, and 2 potable wells. The purchase also includes a Jeep, Trucks, Carts, and 4 -Wheel Mules.

Generously stunning ocean views, easy island living, design, desire, imagination and ceaseless vision celebrate Tara Plantation.

3:Palm Beach

This spectacular Mediterranean estate is newly completed and sits on 1.6 acres of prime real estate in Palm Beach. There are roughly 2,500 single family homes on the Island of Palm Beach yet only a few can be directly situated on the ocean, and only a highly coveted 23 properties are "estate-sized" - and this newest one is the only one that is brand new construction. The estate is large enough to cater to the needs of the most discerning buyer yet the use of natural materials, the craftsmanship and design create a lightness and warmth that gives the home a sense of intimacy and comfort. The home is a beautiful blend of function along with beauty - lots of light, incredible views and a seamless indoor outdoor living experience with a sense of privacy and serenity.

Or then again there is discovery bay!

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