A top-floor residence at High Peak in Hong Kong’s Mid-Levels West neighbourhood has sold for HK$420 million (US$53.7 million) as activity in Hong Kong’s high-end housing segment remains heated after a strong first quarter. The penthouse unit at 23 Po Shan Road sold to a company called Shine Action on April 8, Land Registry records…
Luxury residential property on Hong Kong’s Peak Road owned by businessman Chan King-wai has been put up for sale by public tender, several years after he acquired it from companies linked to CK group. Marketing agent JLL said on Monday that the adjoining sites at 86, 88 and 90 Peak Road are being offered for…
Hong Kong’s residential property market made gradual and steady gains in the Year of the Snake, with the momentum set to continue in the Year of the Horse, according to the city’s largest real estate agencies. “The Year of the Snake marked the end of three years of decline and a strong rebound fuelled by…
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…
A company bearing the same name as Blackpink member Jisoo’s label has bought two homes in one of Hong Kong’s most exclusive enclaves for about HK$447.2 million (US$57.2 million), according to government filings. Two units on Happy Valley’s Blue Pool Road were acquired by an entity called Blissoo Limited in a deal registered on Tuesday,…
A veteran private equity investor has bought a luxury home in Hong Kong’s Mid-Levels West for HK$170 million (US$22 million), according to Land Registry records, in one of the latest big-ticket residential deals involving a mainland Chinese buyer. Xu Hanjiang on January 2 acquired Unit A on the second floor of High Peak, a low-density…
Records from the Land Registry showed that five upscale homes – from areas such as Mid-Levels, Wan Chai and Sai Kung – changed hands in deals valued between HK$93 million and HK$238 million. The flurry of luxury home deals comes amid a recovery in Hong Kong’s residential property segment, as affluent homebuyers and investors aggressively…
Hong Kong homeowners could face a higher bar for approving major building renovation projects as the government considers doubling the in-person attendance threshold to 10 per cent or more, the Post has learned. In an exclusive interview with the Post on Friday, Secretary for Home and Youth Affairs Alice Mak Mei-kuen pledged to fast-track the…
Hong Kong’s largest developer, Sun Hung Kai Properties (SHKP), appears on track to post another sell-out this weekend for the latest units on sale at its massive Sierra Sea residential project, as improving market sentiment continued to boost homebuyers’ confidence. Homebuyers snapped up more than 70 of the 262 new flats on offer at Sierra…