Luxury Real Estate Blog and News
For the first time ever in our survey, Hong Kong prevails as the world's top prime property market in the annual Christie's International Real Estate Luxury Index
According to market news, the street shop at G/F, 9 Sing Woo Road, Happy Valley, with an area of 1,100 sq ft and a 800-sq-ft cockloft, has been changed hand at HKD 52 million.
A 4,720-sq-ft odd-no. house at 33 Island Road, Repulse Bay, with a 2,035-sq-ft garden, has been sold under company transfer for around HKD 460 million.
Sun Hung Kai Properties launched 4 units of The Cullinan, Kowloon Station yesterday, which have all been sold.
A low-floor Flat D unit in Block 3, Whampoa Garden Phase 7, with a saleable area of 962 sq ft, has been sold at a record high of around HKD 14 million, or HKD 14,553 per sq ft.
A low-floor unit at Grosvenor Place, 17 Repulse Bay Road, Southern District, with an area of 1,908 sq ft, has been transacted at HKD 9.25 million, or HKD 48,480 per sq ft.
A 2-room seaview unit at Flat F, High-Floor, Block 3, Harbour Place, Hung Hom, with a saleable area of 432 sq ft, has been rented for HKD 18,500 per month, or HKD 42.8 per sq ft per month.
Sea Holdings intended to reconstruct the Crowne Plaza Hong Kong Causeway Bay, with only 8-year building age, to a 26-storey commercial building.