A Singapore-rooted property family has put a rare residential estate in Hong Kong’s Southern district up for tender at about HK$300 million (US$38.4 million), testing demand for trophy homes as the city’s luxury housing market shows early signs of recovery despite soft prices. The tender for Belvedere, a low-density compound in Chung Hom Kok, would…
A US-based church suing Hong Kong International School (HKIS) for allegedly breaching an operating agreement sold three properties in the city for a combined US$22 million in 2019 to pay debts, according to its official media platform. The move prompted Hong Kong’s Lutheran church to suspend its partnership with the Lutheran Church-Missouri Synod (LCMS) that…
The Law Society of Hong Kong has bought an entire floor of offices in what was formerly the world’s most expensive tower at a 50 per cent discount, the latest among astute investors who are picking up property in the city at bargain prices. The Law Society paid HK$345 million (US$44 million), or HK$14,000 per…