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…
A nephew of the late Hong Kong shipping tycoon Y.K. Pao has bought a HK$75 million (US$9.6 million) luxury flat in Repulse Bay, continuing a trend among the city’s wealthy buyers who have been snapping up high-end homes in recent months. Crosspark Limited, an entity linked to Raymond Pao Lun-kwok, bought the 2,491 sq ft,…
A nephew of the late Hong Kong shipping tycoon Y.K. Pao has bought a HK$75 million (US$9.6 million) luxury flat in Repulse Bay, continuing a trend among the city’s wealthy buyers who have been snapping up high-end homes in recent months. Crosspark Limited, an entity linked to Raymond Pao Lun-kwok, bought the 2,491 sq ft,…
Cross-border trips have long become part and parcel of city life under the national drive for closer integration within the Greater Bay Area. While travelling via public transport is as easy as hopping on a bus or a train, access for private vehicles is still lagging behind. The much-touted reciprocal arrangement for Guangdong vehicles to…
Hong Kong authorities have called on residents not to swim at Deep Water Bay Beach and Repulse Bay Beach after a sewage pipe split in two during Super Typhoon Ragasa. The Drainage Services Department said on Thursday that it had immediately stopped using the 450mm-diameter sewage main at the Mills and Chung Path near Deep…
Hong Kong police have launched an investigation after jewellery and watches worth more than HK$1 million (US$128,610) were stolen from a luxury flat in Repulse Bay. Police said they received a report at around 10am on Saturday from the security staff at The Lily, a serviced flat complex in the affluent neighbourhood in Southern district….
The operator of a top international school in Hong Kong has revealed it plans to negotiate soon with the institution’s US co-founder to seek an out-of-court settlement in response to a lawsuit over allegations it breached an operating agreement by only serving the rich. The senior management of Hong Kong International School (HKIS) told the…
A US-based church suing Hong Kong International School (HKIS) for allegedly breaching an operating agreement sold three properties in the city for a combined US$22 million in 2019 to pay debts, according to its official media platform. The move prompted Hong Kong’s Lutheran church to suspend its partnership with the Lutheran Church-Missouri Synod (LCMS) that…
A US-based church suing a top Hong Kong school is “not looking to sell or redevelop” seven local properties it owns with an estimated value of nearly HK$1 billion (US$127 million), insisting it intends to make a “significant investment” in the city through a new institution. The Lutheran Church-Missouri Synod (LCMS) told the Post on…
A US-based church has recently dropped a bombshell by suing a top Hong Kong international school it co-founded for allegedly breaching an operating agreement, threatening to evict the institution from its campuses and set up a new one. The Lutheran Church–Missouri Synod (LCMS) from the United States has also accused the operator of Hong Kong…