Shouson Hill Road East – Charm

Pair of Hong Kong luxury homes sells for US$41m as market sizzle increases

3 months ago02 mins

A wave of demand from mainland Chinese buyers is restoring liquidity to Hong Kong’s trophy home market, enabling owners who have held onto pricey assets for many years to lock in gains. Among them, mainland property tycoon Zhao Zhijun sold two adjoining units at 8-12 Peak Road for a combined HK$320 million (US$40.8 million), according…

Lisa Kan Chin Chin, the manager of Hong Kong singer and actor Eason Chan, bought a 3,627 sq ft flat at The Corniche in Ap Lei Chau for about HK$141 million in March. Photo: Google Maps

Frenzy for Hong Kong luxury homes set to continue after 156% sales rise in first quarter

3 months ago03 mins

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….