Luxury Real Estate Blog and News

High-floor 2-room unit in Park Island sold at HKD 6 million

October 14, 2016 - Ma Wan
A high-floor 2-room unit with sea view at Tower 6, Park Island, was sold recently at HKD 6 million, or HKD 10,187 per sq ft.

3-room unit in Greenery Place sold with 55% gain

October 12, 2016 - Yuen Long
A low-floor 3-room unit (saleable area: 598 sq ft) at tower 2, Greenery Place, Yuen Long, has been sold at HKD 4.7 million, or HKD 7,860 per sq ft.

Hong Kong’s luxury market will fall, but how much?

October 11, 2016 - Hong Kong Island
Luxury property values in Hong Kong will continue its decline for the rest of the year, but it won’t be a precipitous drop, property consultants maintain.

Investors target commercial properties in Manchester

October 08, 2016 - Manchester
There was a significant rise in the number of commercial property investors ploughing money into Manchester’s office property market during the first six of the year, according to Savills.

3-room unit of Metro Harbour View leased for HKD 17,500

October 08, 2016 - Tai Kok Tsui
Flat C, High-Floor, Tower 5, Metro Harbour View in Tai Kok Tsui, with 3 rooms and a saleable area of 519 sq ft, has been leased for HKD 17,500 per month, or HKD34 per sq ft.

Special Report: Who wants to buy NYC luxury properties most?

October 07, 2016 - New York
We sourced data from millions of visitors seeking New York City luxury properties from around the world and found that Hong Kong ranked as the top international city seeking NYC luxury properties...

Valuation of Cheung Sha Wan commercial plot over HKD 5 billion

October 06, 2016 - Cheung Sha Wan
The Secretary for Development, Mr Paul Chan Mo-po, said that a commercial site at King Lam Street, Cheung Sha Wan, with a maximum GFA of 998,400 sq ft, will be tendered in the 3rd quarter.

Cost of land to build prime homes in Asia still rising

October 05, 2016 - China
Prices of residential sites in Asia increased by 1.9% in the first half of 2016, down from 2.8% in the preceding six months.

Kingswood Villas 3-room unit sold at near 2015 high-price

October 05, 2016 - Tin Shui Wai
Another unit of Kingswood Villas in Tin Shui Wai has been sold for more than HKD 5 million.

Rent slashed 25% for shopping mall in the Peninsula

October 04, 2016 - Tsim Sha Tsui
The giant shop at the shopping mall in the Peninsula, currently rented by Prada, has been divided into 4 smaller units for lease recently.