Luxury Real Estate Blog and News

Greening site at Lung Cheung Road may be converted to 680 luxury units

March 24, 2017 - Kowloon Tong
After assessment, the Planning Department proposed to convert a greening site of 1.13 hectares at the junction of Lung Cheung Road and Lion Rock Tunnel Road in Kowloon Tong to a residential site.

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.

3 units of Mongkok's old building sold at HKD 17 million

March 20, 2017 - Mong Kok
It is reported that 3 residential units of an old building at Soy Street, Mongkok were transacted at HKD 5 – 7 million respectively, amounting to HKD 17.1 million.

Villa on Chuk Yeung Road, Sai Kung, changed hand for HKD 115 million

March 16, 2017 - Sai Kung
According to market news, the Ridings, House No. 11, Chuk Yeung Road, Sai Kung, has been changed hand for HKD 115 million.

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.

Harbour Green unit with parking space changed hand at HKD 25.7 million

March 14, 2017 - Olympic Station
29 transactions have been recorded for the secondary market of Olympic Station this month, in which 5 cases came from Harbour Green.

4 units of entire floor at The Arch sold for HKD 230 million

March 10, 2017 - Kowloon Station
4 units at Flat A-D, an entire high-floor, Sky Tower, The Arch, Kowloon Station, with a saleable area of 4,441 sq ft has been transacted with 4 parking spaces at price reduced to HKD 230 million.

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.

4-room unit at the Coronation made a 5.23-million loss

March 08, 2017 - Jordan
The Coronation at Kowloon Station has recorded a loss transaction. The 4-room unit is Flat A, High-Floor, Block 1, with a saleable area of 1,528.