A company linked to the family of late Macau casino pioneer Fu Tak-iam bought a serviced-apartment property in Hong Kong’s Wan Chai district for about HK$550 million (US$71 million) amid renewed investor appetite for rental assets in the city. Pleasure Properties was identified as the buyer of CHI 138, a 107-unit serviced-apartment property at 136…
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…
More affluent buyers are likely to snap up luxury homes in Hong Kong in the coming months, according to agents, as the city’s booming stock market and government policies that attract well-heeled investors boost the outlook for the high-end property segment. “Some ultra-wealthy buyers have earned substantial profits from the stock market over the past…
More affluent buyers are likely to snap up luxury homes in Hong Kong in the coming months, according to agents, as the city’s booming stock market and government policies that attract well-heeled investors boost the outlook for the high-end property segment. “Some ultra-wealthy buyers have earned substantial profits from the stock market over the past…
Hong Kong recorded a billion-dollar home sale this week, another sign that ultra-wealthy customers are continuing to find choice assets even amid the city’s property slump. A mansion at 1 Gough Hill Road on The Peak on Hong Kong Island, refurbished from an old guest house used in the 1990s by the Bank of China,…
A Hong Kong court has allowed an Indonesian tourist to return home while waiting for authorities to decide whether to continue with his prosecution over a fallen tumbler that hit another visitor at The Peak. Merchant Satnauli Bangun, 44, was not required to enter a plea on a count of allowing an object to fall…
A Hong Kong court has allowed an Indonesian tourist to return home while awaiting authorities’ decision on whether to continue with his prosecution over a fallen tumbler that hit another visitor at The Peak. Merchant Satnauli Bangun, 44, was not required to enter a plea on a count of allowing an object to fall from…
An Indonesian tourist who was sightseeing at The Peak in Hong Kong has been arrested after a tumbler fell out of his backpack and hit another visitor walking below. Police said they received a report at 12.16pm on Wednesday that a mainland Chinese woman had been hit by an unknown object at The Peak Tower…
An Indonesian tourist who was sightseeing at The Peak in Hong Kong has been arrested after a tumbler fell out of his backpack and hit another visitor walking below. Police said they received a report at 12.16pm on Wednesday that a mainland Chinese woman had been hit by an unknown object at The Peak Tower…
For most visitors to Hong Kong, no trip would be complete without a stop at The Peak to take in the city’s sweeping vistas or a walk along the Avenue of Stars to witness the skyline lit up at night. With such glitzy attractions having become synonymous with the city, few people would ever consider…