The family behind one of Mongolia’s largest mining conglomerates has bought a detached house in Hong Kong’s upmarket Southern district for HK$247 million (US$31.5 million), with the buyer intending to use it as a “retirement residence”. Land Registry records showed Tisara Holdings, whose director is Tselmuun Nyamtaishir, signed a provisional agreement on January 29 to…
The son and former partner of fugitive Hong Kong tycoon Joseph Lau Luen-hung sold a three-bedroom luxury home in the upscale neighbourhood of Mid-Levels for HK$100 million (US$12.8 million), clearing about HK$40 million after holding the property for nearly two decades, according to official filings. The 1,948 sq ft flat on a high floor at…
A Hong Kong delegate to China’s National People’s Congress (NPC) bought a luxury residential project in the seaside enclave of Stanley for 44 per cent less than the seller paid six years ago, in the latest sign that deep discounts are drawing wealthy buyers back into the city’s high-end property market. Bunny Chan Chung-ban, also…
Hong Kong property developers are bringing new trophy homes to market, as Wharf Holdings kicked off a tender on Friday for three mansions at its ultra-luxury Plantation Road project on The Peak. The tender marked one of the most closely watched super-luxury home offerings in 2025, following a recent string of high-value transactions that pointed…
More affluent buyers are likely to snap up luxury homes in Hong Kong in the coming months, according to agents, as the city’s booming stock market and government policies that attract well-heeled investors boost the outlook for the high-end property segment. “Some ultra-wealthy buyers have earned substantial profits from the stock market over the past…
More affluent buyers are likely to snap up luxury homes in Hong Kong in the coming months, according to agents, as the city’s booming stock market and government policies that attract well-heeled investors boost the outlook for the high-end property segment. “Some ultra-wealthy buyers have earned substantial profits from the stock market over the past…
Sales of villas, bungalows and luxury homes in Hong Kong soared to a three-year high in the first six months of this year, as an influx of wealthy immigrants fuelled the hunt for bargains on the top end of one of Asia’s priciest residential property markets. There were 286 registered transactions of villas in the…
Sales of villas, bungalows and luxury homes in Hong Kong soared to a three-year high in the first six months of this year, as an influx of wealthy immigrants fuelled the hunt for bargains on the top end of one of Asia’s priciest residential property markets. There were 286 registered transactions of villas in the…