Luxury Real Estate Blog and News

McDonald's Puts Kowloon Shop on the Market for HK$1 billion

May 28, 2019 - Tsim Sha Tsui
The US fast food giant McDonald’s is seeking to sell a prime street level shop in Hong Kong worth HK$1 billion (US$127.4 million)

Burberry's giant shop at Silvercord gets 30% rent cut

November 30, 2016 - Tsim Sha Tsui
British brand Burberry currently rents Shop G4-G5, G/F, Shop 104-106, 1/F & Shop 207-209, 2/F, Silvercord, Tsim Sha Tsui, with a total area of 10,100 sq ft, for HKD 6.5 million per month.

HK resident bought Masterpiece, paying lifted stamp duty of HKD 23 million

November 10, 2016 - Tsim Sha Tsui
A 4-room duplex unit at Flat H, 63 & 65/F, Masterpiece, Tsim Sha Tsui, with a saleable area of 3,855 sq ft, has been sold through tender for HKD 155 million, or HKD 40,208 per sq ft.

Price of Wing On Plaza rises 23% in 3 months

October 28, 2016 - Tsim Sha Tsui
A low-floor unit 04 in Wing On Plaza, East Tsim Sha Tsui, with GFA of 1,351 sq ft, was recently sold for HKD 25 million, or HKD 18,505 per sq ft.

Rent slashed 25% for shopping mall in the Peninsula

October 04, 2016 - Tsim Sha Tsui
The giant shop at the shopping mall in the Peninsula, currently rented by Prada, has been divided into 4 smaller units for lease recently.

InterContinental Sells Hong Kong Hotel for $938 Million

August 06, 2015 - Tsim Sha Tsui
The “iconic” InterContinental Hong Kong has been sold for $938 million as the chain completes a property disposal programme.

The Cullinan, Hong Kong

January 25, 2010 - Tsim Sha Tsui
Named after the 3,106-carat Cullinan diamond−found in 1905 and the world’s largest known diamond−this lofty project has effectively become the focal point of Kowloon’s skyline. At 270 metres, the Cullinan I tower is Hong Kong’s tallest residential building. The tower houses 852 luxury apartments, with standardsizes between 83 and 213 sq m, and two crown triplex suites on the 91st to 93rd floors, which encompass over 372 sq m, plus have six bedrooms, private pools and roof gardens.

$39 Million Penthouses sets record in Hong Kong luxury property

September 19, 2009 - Tsim Sha Tsui
Two penthouses in Hong Kong were each put on sale for a record 38.5 million US dollars. As demand surges for luxury apartments,Sun Hung Kai Properties, the world’s largest developer by market value, has raised the price of two penthouses in Hong Kong by 50 percent to a record $HK75,000 ($11,075) per square foot. The penthouses, on the 91st to 93rd floor of the 270-meter (886-feet) towers, have six bedrooms along with their own outdoor garden and swimming pool.