Luxury Real Estate Blog and News
The ratio of mainland buyer contribution has risen back to above 30% for total transaction volume in the primary luxury market as of 2Q2016.
Cheung Kong Property has recently sold several street shops in Yuccie Square, with a total GFA of 20,000 sq ft, for HKD 620 million, or HKD 31,000 per sq ft, to a local investor.
The Town Planning Board will discuss this Friday, the plan for plot no.3 of the New Central Harbourfront which covers the Central Post Office and an adjacent site.
New South Wales
A Sydney real estate agent has made $1 million in commission after a stellar financial year of sales.
Kau To residential plot in Sha Tin has been awarded to Cheung Kong Property at a high price of HKD 1.953 billion, or HKD 8,000 per sq ft of permissible GFA.
The Land Registry announced that the tender of the plot at Kai Tak Area 1K Site 3 will start on 23 September (next Friday) and close on 28 October.