The rise of AI and a drop in Hong Kong home prices may have triggered a HK$125 million ($16 million) luxury housing deal with a former executive from mainland unicorn Sensetime picking up the property in one of the city’s… Read More>>
House on Hong Kong’s Shouson Hill Sold for $92M and More Asia Real Estate Headlines
A luxury residential home on Hong Kong’s Shouson Hill sells for $92 million, with that story leading Mingtiandi’s headline roundup today. A Singapore house also makes the news as its sale sets a new benchmark in the good-class bungalow market,… Read More>>
Villa on Hong Kong’s Shouson Hill Sells for $63.7M
A luxury villa at the 15 Shouson development in Hong Kong Island’s Deep Water Bay has sold for HK$498.1 million ($63.7 million), breathing life into the ailing local housing market as the Year of the Dragon gets underway.
House 5… Read More>>
Hang Lung Approved to Build $637M Luxury Project on Former US Site in Hong Kong
Hang Lung Properties has been given the green light to build luxury homes on a former US government site on Hong Kong’s Shouson Hill, according to a recent report by the city’s Buildings Department, with analysts predicting that the… Read More>>
Mainland Builder Mingfa Exiting Stake in Shouson Hill Project for $82M
Mingfa Group has agreed to sell its 20 percent stake in No.15 Shouson, a luxury residential project in Hong Kong Island’s Deep Water Bay, to existing partners for HK$650 million ($82.8 million), as the mainland developer looks to raise some… Read More>>
Shouson Hill Home Sells for $55M as Turbulence Challenges HK Luxury Market
A villa has sold for HK$435 million ($55.4 million) at No.15 Shouson in Hong Kong Island’s Deep Water Bay, showing resilience in demand for high-end homes as higher interest rates threaten to tamp down luxury market sentiment.
House 11 in… Read More>>
Deep Water Bay Home Sells for $111M in Hong Kong’s Priciest Deal This Year
A luxury villa in Hong Kong Island’s Deep Water Bay sold on Sunday for HK$870.2 million ($110.8 million), according to public records, in the city’s priciest residential transaction this year.
With the market for Hong Kong high-end housing continuing to… Read More>>
Shimao Chairman Selling Stake in Hong Kong Luxury Project for $134M
Hui Wing Mau, chairman of defaulting real estate developer Shimao Group, has agreed to sell his 40 percent stake in a luxury project in Hong Kong’s Deep Water Bay for a total consideration of HK$1.04 billion ($134.2 million), according to… Read More>>
IPO Tycoons Help Drive Near Tripling of Hong Kong Luxury Home Sales
Sales in Hong Kong’s luxury residential market nearly tripled in the 12 months that ended 30 June, driven by wealthy locals who resumed home-buying activities and a surge of initial public offerings on the Hong Kong and Shenzhen stock exchanges.
Sale of US Govt Property in Hong Kong Moves Ahead and More Asia Real Estate Headlines
In Mingtiandi’s latest roundup of regional news headlines, Hong Kong approves the sale of a US consular property on Shouson Hill after resolving a diplomatic impasse, while Blackstone bigwig Stephen Schwarzman deals with a backlash over his political leanings.