Luxury Real Estate Blog and News

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.

Hong Kong to sell its priciest plot of land ever

September 26, 2019 - Kowloon Station
Hong Kong government to sell off site on top of West Kowloon station expected to fetch record US$11.5 billion.

Hong Kong property tycoon Lee Shau-kee officially passes baton to sons

May 30, 2019 - Hong Kong
Lee Shau Kee, the city’s second-richest man, announced his plans to step down as chairman of Henderson Land Development Co. Tuesday.

McDonald's Puts Kowloon Shop on the Market for HK$1 billion

May 28, 2019 - Tsim Sha Tsui
The US fast food giant McDonald’s is seeking to sell a prime street level shop in Hong Kong worth HK$1 billion (US$127.4 million)