Luxury Real Estate Blog and News

Price of Wing On Plaza rises 23% in 3 months

October 28, 2016 - Tsim Sha Tsui
A low-floor unit 04 in Wing On Plaza, East Tsim Sha Tsui, with GFA of 1,351 sq ft, was recently sold for HKD 25 million, or HKD 18,505 per sq ft.

3-room unit of The Habourside sold for HKD 31 million

October 26, 2016 - Kowloon Station
A high-floor unit D in Block 3 of The Harbourview at the Kowloon Station, with a saleable area of 1,076 sq ft, was recently sold for HKD 31 million, or HKD 28,810 per sq ft.

Mei Foo Sun Chuen average price just 4% below historic high

October 25, 2016 - Lai Chi Kok
9 transactions have already been seen in Mei Foo Sun Chuen in Lai Chi Kok in the first week of September, with average transaction price at around HKD 11,091 per sq ft.

Tender of Kai Tak plot close on Friday, market expects HKD 4.7 billion

October 24, 2016 - Kowloon Bay
The tender for the land at Kai Tak Area 1K, Kai Tak, Kowloon, being the first residential plot for sale in the area for past 2 years, will close this Friday.

Luxury transaction rises 25% y-o-y

October 21, 2016 - Hong Kong
962 primary market transactions with value over HKD 20 million have been recorded in the first 8 months of the year, rising 25.4% from the 767 recorded in the same period last year.

Kowloon Tong house lot said to be sold for HKD 260 million

October 20, 2016 - Kowloon Tong
An even no. house plot on Kent Road, Kowloon Tong is said to be recently sold for HKD 260 million, or HKD 40,229 per sq ft of permissible GFA.

Sheung Wan site sold at HKD 22 million loss

October 18, 2016 - Sheung Wan
Henderson Land Development has recently bought a construction site at 1-4 Ladder Street, Sheung Wan from another developer for a price of HKD 111 million, or HKD 7,762 per sq ft of permissible GFA.

Lung Cheung Road luxury residential plot sold at HKD 21,000 psf

October 17, 2016 - Kowloon Tong
The Land Department announced that the New Kowloon Inland Lot No. 6533 at Lung Cheung Road, Beacon Hill, has been awarded to Kerry Properties Limited at a premium of $7.2688 billion.

High-floor 2-room unit in Park Island sold at HKD 6 million

October 14, 2016 - Ma Wan
A high-floor 2-room unit with sea view at Tower 6, Park Island, was sold recently at HKD 6 million, or HKD 10,187 per sq ft.

3-room unit in Greenery Place sold with 55% gain

October 12, 2016 - Yuen Long
A low-floor 3-room unit (saleable area: 598 sq ft) at tower 2, Greenery Place, Yuen Long, has been sold at HKD 4.7 million, or HKD 7,860 per sq ft.