Luxury Real Estate Blog and News
10 US cities Home prices are falling fastest
October 12, 2022 - TexasThe median home listing price has plunged by more than 10% in Austin, Texas, since June.
Price for duplex unit of The Wing reaches new-high in area
January 12, 2017 - Tseung Kwan OA 1,670-sq-ft duplex unit of Phase IIIB of The Wings in Tseung Kwan O was sold together with a podium and a swimming pool for HKD 48.096 million, or HKD 28,800 per sq ft of saleable area on Sunday.
The Waterfront high-floor sold at HKD17 million
January 06, 2017 - Kowloon StationAccording to market news, The Waterfront in Kowloon Station has recorded 4 transactions so far this month.
Rent for Stars by the Habour reaches new high in Hung Hom
December 13, 2016 - Hung HomA high-floor unit A in block 1 of Stars by the Harbour in Hung Hom, with a saleable area of 1,408 sq ft, was recently leased at a monthly rent of HKD 85,000, or HKD 60.4 per sq ft.
Hong Kong raises stamp duty on second home purchases to 15%
November 08, 2016 - Hong KongHong Kong’s top official has raised the property stamp duty for the second time in three years to tame soaring real estate prices in the world’s least affordable major city.
Prices set for new Home Ownership Scheme flats in Hong Kong
November 01, 2016 - San Po KongThe Housing Authority plans to sell units of its first Green Form Subsidised Home Ownership Pilot Scheme (GSH) project to Green Form residents at 40% discount.
Kowloon Tong house lot said to be sold for HKD 260 million
October 20, 2016 - Kowloon TongAn even no. house plot on Kent Road, Kowloon Tong is said to be recently sold for HKD 260 million, or HKD 40,229 per sq ft of permissible GFA.
Hong Kong’s luxury market will fall, but how much?
October 11, 2016 - Hong Kong IslandLuxury property values in Hong Kong will continue its decline for the rest of the year, but it won’t be a precipitous drop, property consultants maintain.
Cost of land to build prime homes in Asia still rising
October 05, 2016 - ChinaPrices of residential sites in Asia increased by 1.9% in the first half of 2016, down from 2.8% in the preceding six months.
Mainlander ratio in luxury market rises back to pre-"spicy tricks" level
October 03, 2016 - Hong KongThe ratio of mainland buyer contribution has risen back to above 30% for total transaction volume in the primary luxury market as of 2Q2016.