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Swire Properties sells 2 Deep Water Bay homes for US$283 million in biggest deal in years

    Swire Properties sells 2 Deep Water Bay homes for US$283 million in biggest deal in years

    6 months ago02 mins

    Activity in Hong Kong’s ultra-luxury residential market is picking up, with Swire Properties selling two homes in Deep Water Bay for a whopping HK$2.2 billion (US$283 million). The two three-storey units at 6 Deep Water Bay Road had saleable areas of about 9,600 sq ft and 5,300 sq ft, with the transactions set to be…

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    Hong Kong logistics group’s CEO buys US$17 million home as wealthy accumulate assets

      Hong Kong logistics group’s CEO buys US$17 million home as wealthy accumulate assets

      6 months ago03 mins

      A top executive of a multinational logistics group has bought a luxury flat in Hong Kong’s Mid-Levels West for HK$132 million (US$16.9 million), adding to a growing list of wealthy buyers acquiring high-end homes as prices soften. Cherry Hill Investment, an entity linked to Arnold Lee, acquired the 2,772 sq ft, four-bedroom apartment at The…

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