Luxury Real Estate Blog and News

Is this empty lot, in Beverly Hills, worth $1 billion?

February 04, 2019 - Beverly Hills
The Mountain, a 157-acre property at the highest peak in Beverly Hills, is for sale for $1 billion.

Land prices doubling in Sihanoukville

August 24, 2018 - Sihanoukville
Sihanoukville plots are in such high demand that land prices have doubled in areas near the centre of the Cambodian beach town.

Greening site at Lung Cheung Road may be converted to 680 luxury units

March 24, 2017 - Kowloon Tong
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.

Chinese builders pay record USD$2.17 billion for Ap Lei Chau site

February 27, 2017 - Ap Lei Chau
The residential lot at Lee Nam Road, Ap Lei Chau was purchased by PRC capitals at HKD 16.8 billion last Friday and it broke the highest record in Hong Kong.

Over HKD 2.2 billion premium paid for office development on King Wah Road plot

December 30, 2016 - North Point
Henderson Land Development has agreed to pay a land premium of HKD 2.218 billion, or HKD 6,728 per sq ft of GFA, for the change of land use right of the ex-Asia Cold Storage site on King Wah Road.

Tsing Ha Lane site sold at 70% above valuation

December 05, 2016 - Tuen Mun
Residential plot on Tsing Ha Lane in Tuen Mun has been sold for HKD 1.4 billion, or HKD 6,800 per sq ft of permissible GFA.

Valuation of Kwun Tong plot lowered as government raised stamp duty

November 11, 2016 - Kwun Tong
The tender of a private residential plot at Sin Fat Road, Kwun Tong, with a site area of 196,561 sq ft, will close this Friday.

Tender of Kai Tak plot close on Friday, market expects HKD 4.7 billion

October 24, 2016 - Kowloon Bay
The tender for the land at Kai Tak Area 1K, Kai Tak, Kowloon, being the first residential plot for sale in the area for past 2 years, will close this Friday.

Sheung Wan site sold at HKD 22 million loss

October 18, 2016 - Sheung Wan
Henderson Land Development has recently bought a construction site at 1-4 Ladder Street, Sheung Wan from another developer for a price of HKD 111 million, or HKD 7,762 per sq ft of permissible GFA.

Lung Cheung Road luxury residential plot sold at HKD 21,000 psf

October 17, 2016 - Kowloon Tong
The Land Department announced that the New Kowloon Inland Lot No. 6533 at Lung Cheung Road, Beacon Hill, has been awarded to Kerry Properties Limited at a premium of $7.2688 billion.