Luxury Real Estate Blog and News

Hong Kong Land Sale Misses Record

October 13, 2011 - Mid Levels Central
The Hong Kong government auctioned off real estate in a luxury residential area Thursday for less than the market had expected, reflecting caution among some developers toward a market that has seen record prices but which could slow as authorities implement measures to keep prices in check.

Hong Kong's Stubbs Road Site Fetches HK$4.49 Billion

May 17, 2011 - Wan Chai
Hong Kong property developer Sun Hung Kai Properties yesterday bought a rare prime residential site in a highly anticipated government auction for HK$4.49 billion (US$578 million).

Hong Kong land auction fetches $1.3 billion

July 30, 2010 - Hong Kong
Hong Kong on Wednesday auctioned a plot of land for HK$10.4 billion ($1.3 billion) in its third-most expensive land sale.