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  • October 1, 2014
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  1. 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 ... the average price of luxury residences has jumped 19.3 per cent but mass residential prices have risen just 5 per cent. Ms Cheung forecast prices of completed homes on the Peak would set a new ...

  2. Fanling residential site to be auctioned after HK$1b pledge

    Posted Apr 17th 2010, 12:00am by Yvonne Liu

    ... practice when only luxury residential plots caught the eye of developers. Chan believes developers have shifted their focus to mass residential sites because of the lower investment costs and risk. ... Yvonne Liu A mass residential plot in Fanling was triggered for auction with a minimum guaranteed bid of HK$1.05 billion yesterday, the second such site triggered for auction in a month. ...

  3. Stock market unlikely to rescue luxury property

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

    ... I cite the excerpts above. Where do property agents think upmarket residential developments will find new buyers when the stock market is no longer minting them? The first chart shows you how ... 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 ...

  4. Luxury homes sector sees increasing capital values

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

    ... 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 ... Sandy Li and Yvonne Liu Recent record deals unlikely to affect mass housing market The luxury residential sector in Hong Kong has continued to perform spectacularly with a series ...

  5. Luxury house on Peak fetches record price

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

    ... 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. ... firm bought the house for investment. 'The supply of houses in luxury residential areas is limited. We expect prices of luxury houses to rise 20 per cent in the next 12 months,' he ...

  6. SHKP to bid for two Tai Po luxury home sites

    Posted Dec 04th 2009, 12:00am by Yvonne Liu

    ... Yvonne Liu Sun Hung Kai Properties vice-chairman Thomas Kwok Ping-kwong said yesterday the company would join the bidding for two luxury residential sites in Tai Po at the end ... the 'wall effect' was to reduce the development plot ratio and height limit. 'A sharp cut in the supply of residential sites would have a negative impact on the property market. The urban ...

  7. Moves to slow growth in high-end property a failure, says agency

    Posted Jul 22nd 2010, 12:00am by Yvonne Liu

    ... further. The price of luxury residential property surged significantly after the government sold a site in Ho Man Tin to Sun Hung Kai Properties for HK$10.9 billion last month,' he said. ... The property consultant said despite the raising of stamp duty in April from 3.75 per cent to 4.25 per cent on homes above HK$20 million to curb speculation, luxury prices rose 8.5 per cent ...

  8. 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 ...

  9. Personal attention gives luxurious living a new high

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

    ... to this a growing interest in environmental issues, and property developers and managers have a revised job description. Whether managing residential, commercial or industrial sites, they have to offer ... 'Due to the improved economy, customers are looking for improved service in residential, commercial and industrial properties. In the past they focused on cost savings.' According to Mr ...

  10. Buyers need deep pockets for life of luxury

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

    ... at Savills residential sales, is in charge of the sale of this property. She said this was the only property available in Manderly Garden. 'The asking price is reasonable [and reflects ... 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 ...




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