The owners of Shenzhen real estate developer Hongrongyuan Property Group have reportedly acquired a luxury residential site five minutes walk from billionaire Jack Ma’s home near Hong Kong’s Victoria Peak for HK$3 billion ($384.6 million), according to local media accounts.
HK Tops NYC for Priciest Luxury Homes and More Hong Kong Real Estate Headlines
Leading today’s Hong Kong real estate news, the city has retained its crown as the world’s priciest market for luxury homes, edging out New York, London and other centres of extravagance. Also in the headlines, local property firm Easyknit International… Read More>>
Chinese Snatching Up 5 Percent of New Central London Homes
According to a recently released report on London residential real estate, wealthy Chinese are helping to lead an Asian surge into UK property.
The report, which was released on January 16th by real estate consultancy Knight Frank, found that 50… Read More>>
Chinese Among Global Billionaires Club in NY Luxury Tower
New York, home to some of the world’s most expensive real estate has a new residential landmark, and the Chinese are already buying pieces of one57 — where units go for as much as US$90 million each.
The building, which… Read More>>
Shanghai Home Sales Hit Lowest Mark in 18 Weeks – and more of Today’s China Real Estate Links | August 15, 2012
Here is a list of the day’s latest China real estate news collected from around the web:
NEW home purchases dropped to the lowest in 18 weeks in Shanghai… Read More>>
Australian Developer Launches Luxury Housing Sales — in China
In what could be becoming a trend in Australian upmarket real estate projects, an up-market condo complex in Melbourne went on sale in China before it became available to buyers in its home market.
Promotional materials for The Array apartment… Read More>>