Luxury Real Estate Blog and News

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)

Kai Tak’s third-largest oceanfront plot sells for a district record HK$12.6 billion

May 09, 2019 - Kowloon Bay

A consortium of six developers agreed to pay a record HK$12.6 billion for the third-largest plot of residential land on the former Kai Tak airport’s runway

Hong Kong's property prices may continue to fall in 2019

January 30, 2019 - Hong Kong

Residential property prices and sales in Hong Kong are expected to slow over the next year as buyer demand falls, according to the latest market survey.

Few buyers for Hong Kong nano flats as prices start to sag

December 12, 2018 - Tuen Mun

Speculative demand over Hong Kong’s shoebox flats appears to be over as quickly as it sprouted, following the decline in the city’s median home price.

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.