Hong Kong’s sales of luxury homes more than doubled in the first quarter from a year earlier, helped by a buoyant stock market and attractively priced assets that drew the attention of wealthy investors including mainland Chinese buyers, according to analysts. The segment was likely to record another increase in the second quarter, they added….
A director of Hong Kong-based Prince Jewellery and Watch has sold a flat in Kowloon and upgraded to a two-storey unit in the same neighbourhood, with an analyst saying that wealthy homeowners are taking advantage of improving sentiment to swap their dwellings. Tang Yick-ki, a director at Prince Jewellery and Sky Regal Properties, completed both…
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…
Sun Hung Kai Properties’ (SHKP) luxury residential projects in North Point and Mid-Levels have attracted well-heeled buyers, including a granddaughter of Hang Seng Bank’s co-founder, who snapped up a flat for HK$72 million (US$9.3 million), according to official records. Magdalene Ho Mai-ting bought the flat in Dynasty Court in Mid-Levels, one of Hong Kong’s upmarket…
Sun Hung Kai Properties’ (SHKP) luxury residential projects in North Point and Mid-Levels have attracted well-heeled buyers, including a granddaughter of Hang Seng Bank’s co-founder, who snapped up a flat for HK$72 million (US$9.3 million), according to official records. Magdalene Ho Mai-ting bought the flat in Dynasty Court in Mid-Levels, one of Hong Kong’s upmarket…
After selling a HK$319 million (US$41 million) luxury home in Hong Kong’s affluent Southern district, a former finance executive has rented a 4,715 sq ft house at The Peak, the city’s most exclusive neighbourhood, for HK$525,000 a month, official records show. Lawrence Lam Yuk-kun was identified as the former owner of a house in Deep…
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…