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    Posted Jan 06th 2012, 12:00am

    ... Transactions in luxury properties last year outperformed the overall market, with homes in excess of HK$20 million reaching a record 3.3 per cent of total transactions, according to Hong Kong Property. The number of deals at that level fell 2 per cent in 2010 to 2,867, even though total sales reached HK$109 billion, up 6 per cent. In the secondary market, there were 1,213 deals ...

  2. Luxury sector stabilises after months of gloom

    Posted Jun 05th 2009, 12:00am by Staff Reporter

    ... The total sales of luxury properties in Hong Kong last month reached HK$8.18 billion with 468 transactions, estate agent Centaline says. The average number of sales of luxury developments, ... in the New Territories. But Mr Wong said the luxury property market had yet to reach its turnover peak because sellers were still holding onto their properties, and asking prices remained high ...

  3. 18pc of top-end HK flats bought by mainlanders

    Posted Feb 04th 2010, 12:00am by Yvonne Liu

    ... Yvonne Liu Cashed-up mainlanders snapped up almost one in five luxury flats sold in Hong Kong last year, a sign of their growing economic might in the city. Research by Centaline Property ... a year, but the growth was steady,' Wong said. 'The substantial increase in 2009 was due to the sharp fall in luxury property prices.' Prices of luxury properties in Hong Kong ...

  4. Alex Frew McMillan

    Posted Nov 12th 2010, 12:00am by Raymond Cheng

    ... Raymond Cheng Luxury properties in Hong Kong are among the most sought after in the world. This year, benefiting from an influx of capital from the mainland and overseas, ultra-low interest rates, and a tendency for wealthy individuals to prefer property over other asset classes, luxury property prices have surpassed records set in 1997. In July this year, a joint venture ...

  5. HIP investors

    Posted Aug 19th 2011, 12:00am

    ... Kenneth Ko Despite the uncertainties in the real estate market this year, one type of property has been selling extremely well: 'hip' luxury properties in traditional districts. ... Sun Hung Kai Properties also had no problems selling its hip luxury properties. Market sources say its i.UniQ Residence in Shau Kei Wan has sold out, while it recently launched i.UniQ Grand, ...

  6. Investors eye cheaper apartments

    Posted Mar 12th 2010, 12:00am by Alex Frew Mcmillan

    ... Alex Frew McMillan When the going is good for Hong Kong real estate, it's very good for luxury property. But can Hong Kong's luxury market continue to outperform the mass market? ... property prices up 44.5 per cent in a year, the likelihood of a trickle-down effect is encouraging some investors to shift their focus. 'Given the significant rise in luxury residential prices ...

  7. TAILOR made

    Posted Feb 03rd 2012, 12:00am

    ... Hang could be marketed soon. Sun Hung Kai Properties' ultra luxury project Twelve Peaks, at The Peak, could also be launched later this year. According to Midland Realty, luxury properties ... is turning around, it is usually the luxury properties that trigger the rise,' says Chan Kwan-hing, executive director at Midland. 'It is possible that the mainland's central bank ...

  8. SITES SET on luxury

    Posted May 27th 2011, 12:00am

    ... Kenneth Ko The government's auction season continued on May 12. This time it was a little different as the three sites were all suitable for developing luxury properties. Despite ... factor in the property market. Traditional luxury districts will always command a premium price because of their rarity value. There is simply very little supply of real estate in areas ...

  9. Southern comfort

    Posted May 03rd 2012, 12:00am

    ... luxury residential district; that's why so many wealthy buyers come here' Wilson Chan, sales and marketing director of K. Wah International, a co-developer of Marinella Traditionally, luxury properties in Island South are low-density town houses and low-rise homes, but there are also multi-storey apartments with modern facilities. Recent transactions include: A 4,242 sq ft ...

  10. Arch penthouse sets $168m record as prices keep climbing

    Posted Apr 14th 2005, 12:00am by Peggy Sito

    ... Ernest Kong and Peggy Sito Luxury market dismisses interest rate clouds seen on mass-market horizon Sun Hung Kai Properties yesterday said it sold a 5,353 square foot penthouse at its ... last year for a flat in Kerry Properties' Branksome Crest in the Mid-Levels. Sun Hung Kai Real Estate Agency executive director Victor Lui Ting said demand for luxury flats ...




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