Century Tower – Charm

Hong Kong property: busiest month since May as DBS, HSBC bosses pick up luxury homes

Cs news8 months ago02 mins

The big bosses at DBS Bank and HSBC’s money-management unit became new owners of luxury homes in Hong Kong in October amid a revival in optimism and stock market wealth, helping drive the property market to its busiest month since May. Transactions involving new and lived-in homes, offices, shops, car parks and industrial spaces jumped…

Hong Kong sees 3 multimillion-dollar home sales in a week as well-heeled buyers return

Cs news8 months ago03 mins

Three luxury Hong Kong homes changed hands this week for between HK$49.4 million (US$6.36 million) and HK$114 million, an indication that well-heeled buyers have returned to the market for exclusive addresses as interest rates come down. Sebastian Paredes, the CEO of DBS Bank (Hong Kong), paid HK$49.4 million for a 1,249 sq ft, three-bedroom flat…