Luxury Real Estate Blog and News

US government sells Hong Kong mansions amid tensions with China

September 11, 2020 - Shouson Hill
The US government has sold a set of consular residences in Hong Kong’s southern District to Hang Lung Properties for HK$2.6 billion ($331 million).

Sales of luxury Hong Kong homes plunge to four-year low

September 07, 2020 - Hong Kong Island
The sales of luxury homes in Hong Kong plunged to a three-year low in the first 6 months of 2020.

Causeway Bay Shop Sold at 73% Loss

August 05, 2020 - Causeway Bay
Hong Kong’s retail property market is bracing for turbulent times as a street front shop in the world’s most expensive shopping district was sold at a 73% loss.

US government invites bids on six multibillion-dollar Hong Kong mansions

June 03, 2020 - Shouson Hill
The US government has engaged CBRE as the sales agent to invite for bids for a cluster of exclusive homes at 37 Shouson Hill Road, valued at between HK$3.1 billion and up to HK$5 billion.

Mainland Chinese investors are selling Hong Kong property

April 20, 2020 - Tai Po
Mainland Chinese investors and property owners are cashing in on their Hong Kong real-estate holdings, as appetite for outbound investment evaporates in China.

Hong Kong no longer in Hurun’s top 50 cities for fastest-growing home prices

March 02, 2020 - Hong Kong
Hong Kong’s home prices are no longer among the fastest growing on the planet according to a new report by Shanghai-based Hurun.

Mario Ho buys Hong Kong home for HK$500 million

February 06, 2020 - Deep Water Bay
Mario Ho Yau-kwan, the youngest son of billionaire casino tycoon Stanley Ho, has splashed out HK$500 million on a house at one of Hong Kong’s most prestigious addresses.

Hong Kong commercial property Investment fell 52% last year

January 16, 2020 - Central
Investment in Hong Kong office and retail properties plunged by 52% last year to HK$$68.9 billion (US$8.9 billion), the largest decline in a single year since 2011.

Merry Christmas from PropGOLuxury

December 24, 2019 - Hong Kong
PropGOLuxury.com would like to wish you a very MERRY CHRISTMAS and to a sensational 2020!

Is it really a Terrible Time to Buy a Home in Hong Kong ?

October 02, 2019 - Hong Kong
According to Citibank, Hong Kong residents predicting a drop in home prices doubled to 56 percent from 28 percent last quarter.