Luxury Real Estate Blog and News
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.
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.
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.
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.
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...
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.
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.
Tin Shui Wai
Another unit of Kingswood Villas in Tin Shui Wai has been sold for more than HKD 5 million.
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.