Luxury Real Estate Blog and News
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)
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
Flat D, Low-Floor, Tower 2, Sorrento, Kowloon Station, with a saleable area of 1,052 sq ft, has been changed hand for HKD 23.3 million, or HKD 22,148 per sq ft.
Sun Hung Kai Properties launched 4 units of The Cullinan, Kowloon Station yesterday, which have all been sold.
A low-floor Flat D unit in Block 3, Whampoa Garden Phase 7, with a saleable area of 962 sq ft, has been sold at a record high of around HKD 14 million, or HKD 14,553 per sq ft.
A 2-room seaview unit at Flat F, High-Floor, Block 3, Harbour Place, Hung Hom, with a saleable area of 432 sq ft, has been rented for HKD 18,500 per month, or HKD 42.8 per sq ft per month.
After assessment, the Planning Department proposed to convert a greening site of 1.13 hectares at the junction of Lung Cheung Road and Lion Rock Tunnel Road in Kowloon Tong to a residential site.
It is reported that 3 residential units of an old building at Soy Street, Mongkok were transacted at HKD 5 – 7 million respectively, amounting to HKD 17.1 million.