Luxury Real Estate Blog and News

Hang Lung plan to start development on Shouson Hill Road in Hong Kong by 2021

September 18, 2021 - Hong Kong Island
Hang Lung Properties plans to start construction by this year on one of Hong Kong’s most luxurious projects on the former site of US consulate residences on Shouson Hill Road.

Hong Kong duplex in Repulse Bay project sells for $35 million

February 23, 2021 - Repulse Bay
A Tencent executive has paid HK$270 million for a massive duplex in the prestigious neighbourhood of Repulse Bay.

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.

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.

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.