Luxury Real Estate Blog and News

Hong Kong kicks off tender for Central Harbourfront Site

December 30, 2020 - Central
Amid market uncertainty and sliding property values, Hong Kong is putting up for sale an iconic commercial site in the city’s busiest district.

Zaha Hadid designs 2 Murray Road in Hong Kong

October 02, 2020 - Central
Zaha Hadid Architects has unveiled its design for 2 Murray Road, a 190m-high office tower in Hong Kong’s central business district.

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.

Hong Kong Central: The World's Priciest Office Market

December 10, 2018 - Central
Hong Kong’s Central area has taken the prize for the world’s most expensive premium office rents for a fourth year running, according to global real estate consultant JLL.

Entire floor of Standard Chartered Bank Building rented for HKD 80 psf

April 19, 2018 - Central
The Standard Chartered Bank rented the entire 9/F, Standard Chartered Bank Building, Central, with an area of around 7,500 sq ft, and has decided to move out and put it up for lease earlier.

Li Ka-Shing sells Hong Kong office tower for $5.2 Billion

November 02, 2017 - Central
Li Ka-shing's CK Asset Holdings has sold his interest in The Center, the fifth-tallest building in Hong Kong, for $5.2 billion.

Valuation of HKD 230 million for a Central property

March 01, 2017 - Central
The entire block at 2 On Lan Street, Central, with site area of 955 sq ft including the back alley, or a total gross floor area of 5,063 sq ft, is now put on sale.

4/F of China Insurance Group Building sold at HKD 175 million

February 23, 2017 - Central
The entire 4th floor of China Insurance Group Building at Des Voeux Road Central, with an area of about 14,505 sq ft, has been transacted at HKD 175 million earlier this year.

Bank of America Tower in Central broke record at HKD 35,000 psf

December 23, 2016 - Central
According to market news, Unit 19, Mid-Floor, Bank of America Tower, Central, with an area of 674 sq ft, has been transacted at HKD 23.59 million, or HKD 35,000 per sq ft.

Abercrombie & Fitch to close Central flagship store

November 25, 2016 - Central
American chain Abercrombie & Fitch has decided to close its flagship store in Central in July - despite incurring a break-lease cost of HK$125 million.