Luxury Real Estate Blog and News

Tea restaurant shop on Sing Woo Road sold at HKD 52 million

May 19, 2017 - Happy Valley
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.

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.

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.

Valuation of HKD 230 million for a Central property

March 01, 2017 - Central
The entire block at 2 On Lan Street, Central, with site area of 955 sq ft including the back alley, or a total gross floor area of 5,063 sq ft, is now put on sale.

4/F of China Insurance Group Building sold at HKD 175 million

February 23, 2017 - Central
The entire 4th floor of China Insurance Group Building at Des Voeux Road Central, with an area of about 14,505 sq ft, has been transacted at HKD 175 million earlier this year.

HKD 35,000 psf for Converntion Plaza, broke the building's record

February 12, 2017 - Wan Chai
Rooms 10-12, High-Floor, Converntion Plaza, Wan Chai, with an area of 3,004 sq ft, has been changed hand for HKD 105 million, or HKD 35,000 per sq ft.

BNP rents Taikoo Place at HKD 50 psf

February 09, 2017 - Quarry Bay
Bank BNP Paribas has recently completed the pre-leasing of a number of commercial buildings in Taikoo Place in Quarry Bay, including Dorest House.

Whole floor of Global Trade Square sold for HKD 128 million

February 02, 2017 - Wong Chuk Hang
The whole 9/F of Global Trade Square in Wong Chuk Hang, with a GFA of around 9,770 sq ft, has recently been sold to Trillion Grand Corp. for HKD 128 million.

Batch of properties in Wah Ming Centre said to be sold for HKD 680 million

December 28, 2016 - Sai Wan
A batch of properties with total GFA of 109,600 sq ft in Wah Ming Centre, 421 Queen's Road West, Sai Wan is said to be sold recently for a total of HKD 680 million.

Bank of America Tower in Central broke record at HKD 35,000 psf

December 23, 2016 - Central
According to market news, Unit 19, Mid-Floor, Bank of America Tower, Central, with an area of 674 sq ft, has been transacted at HKD 23.59 million, or HKD 35,000 per sq ft.