Luxury Real Estate Blog and News

Hong Kong’s Biggest Developer Sees profit drop in 9%

September 12, 2024 - Hong Kong

Sun Hung Kai Properties Ltd. One of The biggest Developer in Hong Kong saw profit drop 9%, extending its decline into a third year as Hong Kong’s real estate slump weighs.

Flat in Hong Kong's Peak district become the most expensive flat in Asia

November 24, 2021 - Hong Kong Island

A flat at Hong Kong's affluent Peak district has become the most expensive in Asia per square foot after fetching a whopping HK$639.8 million in a tender sale.

Hang Lung plan to start development on Shouson Hill Road in Hong Kong by 2021

September 18, 2021 - Hong Kong Island

Hang Lung Properties plans to start construction by this year on one of Hong Kong’s most luxurious projects on the former site of US consulate residences on Shouson Hill Road.

Grade-A office rental drop slows in Hong Kong

April 29, 2021 - Hong Kong

Hong Kong's grade-A office rents continued to contract, albeit at a slower rate of 3.3 percent quarter-on-quarter.

Hong Kong duplex in Repulse Bay project sells for $35 million

February 23, 2021 - Repulse Bay

A Tencent executive has paid HK$270 million for a massive duplex in the prestigious neighbourhood of Repulse Bay.

Hong Kong kicks off tender for Central Harbourfront Site

December 30, 2020 - Central

Amid market uncertainty and sliding property values, Hong Kong is putting up for sale an iconic commercial site in the city’s busiest district.

Zaha Hadid designs 2 Murray Road in Hong Kong

October 02, 2020 - Central

Zaha Hadid Architects has unveiled its design for 2 Murray Road, a 190m-high office tower in Hong Kong’s central business district.

US government sells Hong Kong mansions amid tensions with China

September 11, 2020 - Shouson Hill

The US government has sold a set of consular residences in Hong Kong’s southern District to Hang Lung Properties for HK$2.6 billion ($331 million).

Sales of luxury Hong Kong homes plunge to four-year low

September 07, 2020 - Hong Kong Island

The sales of luxury homes in Hong Kong plunged to a three-year low in the first 6 months of 2020.

Causeway Bay Shop Sold at 73% Loss

August 05, 2020 - Causeway Bay

Hong Kong’s retail property market is bracing for turbulent times as a street front shop in the world’s most expensive shopping district was sold at a 73% loss.

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