A luxury house at Bisney Crest in Pok Fu Lam of Hong Kong sold for nearly HK$204 million ($26 million), according to a sales document from the government website. The house spans 5,767 square feet (536 square meters), with four bedrooms and a private lift, according to the project’s sales brochure. Source link
Hong Kong’s home sales uptick is expected to struggle with momentum due to the city’s weak economic outlook and elevated interest rates. The number of new home transactions in the seven days after Chief Executive John Lee’s policy address rose 20% compared with the same period earlier, according to data from broker Midland Realty. This…
A mansion in Hong Kong has been sold for HK$845 million ($109 million), as the luxury property sector picks up on lower interest rates and government measures. House 2 at 15 Shouson Hill was sold on Thursday, according to transaction records. Preliminary deposit equal to 10% of the purchase price was paid upon signing the…
Earnings season is here, and the US stock market’s furious $9 trillion 2024 rally is facing perhaps its biggest test of the year. Strategists are predicting that companies in the S&P 500 Index will post their weakest results in the past four quarters, with just a 4.3% increase in third-quarter profits compared with a year…