Tselmuun Nyamtaishir, president and CEO of Mongolyn Alt. Photo: Handout

    Exclusive | Mongolian mining family snaps up US$31.5 million Hong Kong home with retirement in view

    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…

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    Hong Kong back as a top choice for foreign commercial property investors, study says

      Hong Kong back as a top choice for foreign commercial property investors, study says

      Hong Kong commercial real estate is the Asia-Pacific region’s fifth most favoured investment destination for cross-border capital this year, underscoring an improved outlook for the city’s battered property market, according to a CBRE report. Hong Kong also recorded the second-highest number of luxury residential property deals among 12 super-prime markets worldwide in the last quarter…

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