Luxury Real Estate Blog and News

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.

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.

A mansion in Hong Kong for US$446 million, anyone?

October 04, 2018 - The Peak
A $446 million luxury mansion for sale in Hong Kong's Peak neighborhood would break the record for most expensive home sold in Hong Kong.

Joey Yung buys luxury home in Repulse Bay

May 21, 2018 - Repulse Bay
Hong Kong Canto-pop singerJoey Yung Cho-yee has bought a house at one of Hong Kong’s most prestigious seafront developments in Repulse Bay.

Five villas set for en bloc sale at The Peak

May 18, 2018 - The Peak
A luxury low rise development comprising five town houses at 3 Plunkett’s Road on The Peak is being offered for collective sale at HK$2.34 billion (US$298.22 million).

Forever 21 to Shut Flagship Hong Kong Store

May 14, 2018 - Hong Kong Island
Forever 21 is retreating from its Causeway Bay flagship store next August after its lease ends, with American lingerie chain Victoria's Secret rumored to be taking over the prime location.

3-room unit of Realty Gardens appreciated 2 times in 22 years

May 03, 2018 - Mid Levels Western
A 3-room unit at Flat B, High-Floor, Venice Court, Realty Gardens, Mid-Levels West, with a saleable area of 1,166 sq ft, has been changed hand together with a parking space at HKD 24.3 million.

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.

Who pays the highest property taxes in Hong Kong?

March 22, 2018 - Repulse Bay
The owner of a 25,000 square feet super deluxe house at 89 Repulse Bay Road will pay an annual government tax of about HK$655,500 for the next financial year.