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Chen Hongtian of Cheung Kei

Receivers Launch Tender for Shenzhen Billionaire’s $269M Pad on Hong Kong’s Peak

2023/08/14 by Michael Cole Leave a Comment

A Shenzhen tycoon’s trophy case may soon be stripped bare as receivers for the creditors of Cheung Kei Group chairman Chen Hongtian on Monday launched a tender for his former mansion on Hong Kong’s Victoria Peak.

Savills formally kicked off… Read More>>

Hongkong skyline

Pair of Peak Mansions Trade for $71.5M and More Asia Real Estate Headlines

2023/07/13 by Christopher Caillavet Leave a Comment

In today’s roundup of regional headlines, a report says two mansions at Hong Kong’s Peak changed hands at a heavily discounted price, and developer GSH agrees to sell nine strata office units in Singapore’s downtown.  Also, in the news, Hong… Read More>>

45 Barker Road Hong Kong

Mansion on Hong Kong’s Peak Eyes Asia Price Record and More Asia Real Estate Headlines

2023/03/23 by Christopher Caillavet Leave a Comment

In today’s roundup of regional news headlines, a mainland buyer circles a Hong Kong mansion for a potential record-breaking deal, and Evergrande’s restructuring plan receives lukewarm reviews.

Barker Road Mansion Set to Sell for Record Price Per… Read More>>

10 Black's Link

Creditors Close in on Sale of Evergrande Founder’s Seized $112M Hong Kong Mansion

2023/03/12 by Beatrice Laforga Leave a Comment

Evergrande boss Xu Jiayin still holds the reins of what was once China’s biggest builder, but his pile of assets is getting whittled down with an HK$880 million ($112.1 million) mansion formerly held by the developer said to be nearing… Read More>>

merlin swire

Swire Group Sells Hong Kong Luxury Project to Fund for $128M

2022/12/12 by Pawara Laothamatas Leave a Comment

Swire Group has sold a luxury housing compound on Hong Kong’s Peak for HK$1 billion ($128.3 million), in what has been tallied as the city’s most expensive luxury property deal so far this year on a per square foot basis.

… Read More>>

chen feng HNA

HNA Creditors Sell Seized Luxury Home on Hong Kong’s Peak for $50M

2022/01/13 by Pawara Laothamatas Leave a Comment

Four months after HNA chairman Chen Feng was detained by the Hainan police, creditors of his bankrupt empire have sold off a Hong Kong luxury home used by the jailed billionaire at a markdown of HK$116 million ($14.9 million) from… Read More>>

Mount Nicholson Hong Kong

Home on Hong Kong’s Peak Sells for $74.8M as City’s Luxury Market Rages

2022/01/09 by Christopher Caillavet Leave a Comment

An apartment on Hong Kong’s posh Victoria Peak sold last week for HK$583.2 million ($74.8 million), as bullish sentiment continues to sustain luxury home prices in the world’s most expensive housing market despite the COVID-19 pandemic entering its third year.

… Read More>>

Mount Nicholson Hong Kong

$82M Home on Hong Kong’s Peak Sets Record for Asia’s Priciest Apartment

2021/11/17 by Pawara Laothamatas Leave a Comment

A luxury home on Hong Kong’s Victoria Peak this month sold for HK$639.7 million ($82.1 million) and set a new record for Asia’s priciest apartment, according to public records posted by the developer, shouldering aside the previous high-water mark set… Read More>>

Hannah Jeong HEAD OF VALUATION AND ADVISORY SERVICES APAC

IPO Tycoons Help Drive Near Tripling of Hong Kong Luxury Home Sales

2021/08/25 by Pawara Laothamatas Leave a Comment

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.

… Read More>>

Embassy Suites By Hilton Palm Desert

Bank of America Files to Dismiss EHT Bankruptcies and More Asia Real Estate Headlines

2021/03/03 by Pimfha Chandhapradit Leave a Comment

In today’s roundup of regional news headlines, Bank of America files a motion to dismiss the bankruptcy cases of Eagle Hospitality Trust entities, Singapore’s Perennial Holdings and partners win a bid to develop an HSR-adjacent plot in Hangzhou, and Hong… Read More>>

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