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  • September 16, 2014
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  1. Stock market unlikely to rescue luxury property

    Posted May 29th 2008, 12:00am by Jake Van Der Kamp

    ... flats on Hong Kong Island. There are only two occasions I can remember over the period of this chart when there was a boom and bust in the Hang Seng Index but luxury property prices were ... In short I don't think it likely that the stock market will come to the rescue of the luxury property market. The more likely scenario at present is one of the luxury property market ...

  2. Luxury living away from city

    Posted Jul 10th 2009, 12:00am by Staff Reporter

    ... Luxury homebuyers, who need to be close to the mainland, may want to consider moving to The Royal Oaks at 8 Kam Tsin South Road in Sheung Shui. The 44, two-storey detached houses, ... five-bedroom house with a 2,000 sqft garden and a garage for HK$27.6 million. The property was bought in 2007 for HK$24.28 million. An earlier sale last month of a property of the same size went ...

  3. Luxury house on Peak fetches record price

    Posted Jan 10th 2008, 12:00am by Yvonne Liu

    ... Yvonne Liu De Monsa, an Indonesian investment fund, bought a luxury house at the Severn 8 on the Peak for HK$55,491 per square foot, betting it will make a gain despite the price setting a record for a residential property in Asia. The Lands and Companies Registry said De Monsa acquired the three-storey, 4,325 square foot house for HK$240 million in the secondary market last month. ...

  4. High on the lapse of luxury

    Posted May 17th 2005, 12:00am by Jane Moir

    ... The Beijing businessman paid HK$168 million for a 5,353sqft penthouse in Sun Hung Kai Properties' West Kowloon development, The Arch, in the process thrusting the luxury end of the residential ... at the high end of the residential property market. The past 12 months have seen a very large run-up at the luxury end, with prices up by as much as 40 per cent. Week after week, prestige properties ...

  5. Peak residential sale pushes luxury prices higher

    Posted Dec 21st 2006, 12:00am by Sandy Li

    ... will stretch the already wide gap between luxury and mass residential prices, property agents say. Most owners on the Peak have raised their asking prices by up to 20 per cent since Tuesday, agents said. 'We will see increasing divergency between the top end and the mass housing market,' said Cheung Pui-lu, a research manager at Midland Realty. According to the property agency, ...

  6. Luxury homes sector sees increasing capital values

    Posted Mar 28th 2007, 12:00am by Sandy Li, Yvonne Liu

    ... the property market had regained much of its growth momentum after a year of market consolidation, with some cash-rich buyers paying record prices for luxury homes and new projects springing up all ... of record prices set by the luxury residential market on the mass housing sector. Fredy Wu, the chief executive of Hong Kong Property (Services) Agency, expects to see a 30 per cent rise ...

  7. Personal attention gives luxurious living a new high

    Posted Apr 22nd 2006, 12:00am by Debra Martin

    ... The popularity of value-added amenities in buildings is creating a need for smarter developers and managers, writes Debra Martin IN THE PAST, people in Hong Kong often bought property based on specifications and cared little about the details of a building and its management. These days, consumers approach properties like Sherlock Holmes- with a magnifying glass. Add ...

  8. APPETITE for luxury

    Posted Sep 30th 2011, 12:00am

    ... by several financial institutions. According to Lam's estimate, price fluctuations in the rental and sale of luxury properties will be within a range of 5 per cent and things will stay murky ... Sandy Poon Recent data shows Hong Kong property buyers are quick to pick up a bargain. As home prices come under pressure due to internal and external factors, transactions have risen, ...

  9. Buyers need deep pockets for life of luxury

    Posted Aug 14th 2009, 12:00am by Staff Reporter

    ... Road East with a price tag of HK$95 million. Ms Lam expected more property transactions towards the end of this month- and said that August was traditionally quiet for sales of luxury ... International, said that there had been few transactions in recent months and little change in asking prices of these properties, which included detached and semi-detached houses. 'Some sellers ...

  10. Larvotto to set luxury price benchmark in Island South

    Posted Jul 13th 2010, 12:00am by Sandy Li

    ... Sandy Li Sun Hung Kai Properties is to set a benchmark for a major luxury housing estate in Island South by releasing a project in Ap Lei Chau at an average price of HK$17,288 per square ... they lend to buyers of luxury homes priced above HK$20 million from 70 per cent to 60 per cent of a property's value. The move followed a surge of about 40 per cent in prices in the luxury ...




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