Luxury Real Estate Blog and News

Valuation of HKD 230 million for a Central property

March 01, 2017 - Central
The entire block at 2 On Lan Street, Central, with site area of 955 sq ft including the back alley, or a total gross floor area of 5,063 sq ft, is now put on sale.

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.

The Beverly Hills Villa sold at HKD 10 million loss

February 23, 2017 - Tai Po
According to market news, an even no. house at Boulevard de Fore was just sold at HKD 18.68 million with a book loss of HKD 8.87 million.

4/F of China Insurance Group Building sold at HKD 175 million

February 23, 2017 - Central
The entire 4th floor of China Insurance Group Building at Des Voeux Road Central, with an area of about 14,505 sq ft, has been transacted at HKD 175 million earlier this year.

High-Floor unit of Celestial Heights made a loss of HKD 3 million

February 22, 2017 - Homantin
5 sales of Celestial Heights in Ho Man Tin were recorded this month. Among these sales, 2 made losses, for example a high-floor unit at 29 Celestial Avenue, with a saleable area of 1,252 sq ft.

1-room unit in Park Summit rented for HKD 16,500

February 21, 2017 - Tai Kok Tsui
A 1-room unit at Flat E, Mid-Floor, Block 2, Park Summit, Tai Kok Tsui, with a saleable area of 353 sq ft, has been rented for HKD 16,500 per month.

Imperial Cullinan owner slashed price, sold with a loss

February 16, 2017 - Olympic Station
According to market news, a loss transaction was recorded in Imperial Cullinan, Olympic Station, after the new cooling measure was announced.

Metro Harbour View earned HKD 4.83 million in 9 years

February 15, 2017 - Tai Kok Tsui
Flat G, High-Floor, Block 9, Metro Harbour View, Tai Kok Tsui, with a saleable area of 508 sq ft, has been sold for HKD 7.55 million, or HKD 14,862 per sq ft, to a first-time buyer.

HKD 35,000 psf for Converntion Plaza, broke the building's record

February 12, 2017 - Wan Chai
Rooms 10-12, High-Floor, Converntion Plaza, Wan Chai, with an area of 3,004 sq ft, has been changed hand for HKD 105 million, or HKD 35,000 per sq ft.

BNP rents Taikoo Place at HKD 50 psf

February 09, 2017 - Quarry Bay
Bank BNP Paribas has recently completed the pre-leasing of a number of commercial buildings in Taikoo Place in Quarry Bay, including Dorest House.