Luxury Real Estate Blog and News

House on Island Road said to be sold for HKD 460 million

April 11, 2017 - Repulse Bay
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.

Transaction of Grosvenor Place pays 30% stamp duty

April 05, 2017 - Repulse Bay
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.

Reconstruction of Crowne Plaza to commercial building

March 30, 2017 - Causeway Bay
Sea Holdings intended to reconstruct the Crowne Plaza Hong Kong Causeway Bay, with only 8-year building age, to a 26-storey commercial building.

976-sq-ft unit at Ronsdale Garden, Tai Hang, sold for HKD 19 million

March 28, 2017 - Tai Hang
A 3-room unit (with a worker room) at Flat B, High-Floor, Block 1, Ronsdale Garden, Tai Hang, with a saleable area of 976 sq ft, has been sold for HKD 19 million, or HKD 19,467 per sq ft.

Bank of East Asia sold Causeway Bay shop for HKD 200 million

March 27, 2017 - Causeway Bay
Shop A & F, G/F, & B/F, 46-54 Yee Wo Street, Causeway Bay (with a billboard), has been changed hand for HKD 200 million.

3-room unit at Mount Parker Lodge earned HKD 5.2 million in 8 years

March 22, 2017 - Quarry Bay
A unit of 842 sq ft of saleable area at Room 5, High-Floor, Block B, Mount Parker Lodge, Quarry Bay, with 3 rooms and a multipurpose room, has been changed hand at HKD 10.45 million.

Retail rent slashed 46.8% in Causeway Bay

March 21, 2017 - Causeway Bay
The Rating and Valuation Department (RVD) announced that the most significant rental drop was recorded in the first tier street shops in Causeway Bay in 2017/18.

Nan Fung Sun Chuen unit with roof deck sold for HKD 16,600 psf

March 15, 2017 - Quarry Bay
A top-floor unit at Block 1, Nan Fung Sun Chuen, Quarry Bay, with a saleable area of 391 sq ft and 194-sq-ft roof deck, has been changed hand at HKD 6.5 million, or HKD 16,600 per sq ft.

4-room unit at Kingsford Gardens sold for HKD 38 million

March 09, 2017 - North Point Mid Level
A 4-room unit at Unit 1, Mid-Floor, Block C, Kingsford Gardens, North Point, with a saleable area of 2,379 sq ft, has been changed hand for HKD 38 million, or HKD 15,973 per sq ft.

Unit at the Avenue, Wan Chai, sold for HKD 120 million

March 08, 2017 - Wan Chai
A top-floor unit at Block 3, Phase 2, The Avenue, Wan Chai, with a saleable area of 2,472 sq ft and a roof deck of 2,674 sq ft, has been sold for HKD 120 million yesterday.