Luxury Real Estate Blog and News

Why Chinese investors keep buying Australian property?

May 22, 2017 - Australia
Up to 80% of foreign property demand in Australia is from China and despite numerous impediments, they are set to continue to grow.

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.

60% of population live in New Territories by 2026

May 19, 2017 - New Territories
The Planning Department yesterday announced the Projections of Population Distribution in 2014 -2026.

857 units of GSH project King Tai Court sold out

May 18, 2017 - San Po Kong
All 857 units of the Hong Kong Housing Authority's (HA) first Green Form Subsidised Home Ownership Pilot Scheme (GSH) project King Tai Court, San Po Kong were sold out after over a month.

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.

A buyer purchased 2 units of The Cullinan for HKD 117 million

April 07, 2017 - Kowloon Station
Sun Hung Kai Properties launched 4 units of The Cullinan, Kowloon Station yesterday, which have all been sold.

3-room unit in Whampoa Garden sold for HKD 14 million

April 06, 2017 - Hung Hom
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.

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.

High-floor unit at Harbour Place rented for HKD 18,500 per month

March 30, 2017 - Hung Hom
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.

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.