Luxury Real Estate Blog and News
Up to 80% of foreign property demand in Australia is from China and despite numerous impediments, they are set to continue to grow.
According to market news, the street shop at G/F, 9 Sing Woo Road, Happy Valley, with an area of 1,100 sq ft and a 800-sq-ft cockloft, has been changed hand at HKD 52 million.
A 4,720-sq-ft odd-no. house at 33 Island Road, Repulse Bay, with a 2,035-sq-ft garden, has been sold under company transfer for around HKD 460 million.
Sun Hung Kai Properties launched 4 units of The Cullinan, Kowloon Station yesterday, which have all been sold.
A low-floor Flat D unit in Block 3, Whampoa Garden Phase 7, with a saleable area of 962 sq ft, has been sold at a record high of around HKD 14 million, or HKD 14,553 per sq ft.
A low-floor unit at Grosvenor Place, 17 Repulse Bay Road, Southern District, with an area of 1,908 sq ft, has been transacted at HKD 9.25 million, or HKD 48,480 per sq ft.