Luxury Real Estate Blog and News
For sale: 36,000 acres in Adirondacks for $180 million
August 21, 2020 - AdirondackA massive estate in the central Adirondacks is up for sale. According to the Wall Street Journal, Whitney Park, is on the market for $180 million.
Hongkong Land pays record price for Shanghai site
February 21, 2020 - XuhuiHongkong Land Holdings Limited has agreed to pay a record RMB 31.05 billion ($4.48 billion) for a development site in Shanghai’s Xuhui district.
Is this empty lot, in Beverly Hills, worth $1 billion?
February 04, 2019 - Beverly HillsThe 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 - SihanoukvilleSihanoukville 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 TongAfter 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 ChauThe 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 PointHenderson 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 MunResidential 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 TongThe 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 BayThe 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.