Luxury Real Estate

Downtown Singapore mansion on the market for a record price

The new owner of this downtown mansion will have the British high commissioner and Japanese and Russian diplomats as neighbours

A downtown mansion near Singapore's Orchard Road is going on the market for a jaw-dropping S$300 million (HK$1.88 billion), with the owner betting that developers may profit from dividing the site.

Thursday, 11 April, 2013, 2:18am

Hong Kong's rising luxury flat prices make it third priciest city in the world

Hong Kong has become the third most expensive city in the world for luxury apartments. Photo: EPA

Hong Kong has jumped two places to become the third most expensive city in the world for luxury apartments after a sharp rise in prices this year.

The latest survey by Global Property Guide, a US online property research website, put the average price of luxury apartments in Hong Kong at US$1,893 (HK$14,674) per square foot in November.

21 Nov 2012 - 5:38pm

Jakarta leads Asia's charge

Indonesia can be many things to many people. Visitors flock to its lauded beaches and mountain tourism sites, while multinational companies head to the capital, Jakarta, to be part of the booming economic action.

21 Nov 2012 - 4:05am

HARBOUR high life

With its thriving community and spectacular harbour, Sydney is home to some of the world's top entertainers. High home prices have not deterred Nicole Kidman and Russell Crowe from calling Australia's largest city home.

Savills World Class Index of premier residential property locations ranks Sydney as one of the top 10 cities in the world.

11 Nov 2011 - 12:00am

PAIN and gain

Waking up from the American dream has been painful for much of the United States in terms of real estate, but there have been brighter spots of late. Perhaps it is, as one broker says, that after four years of recession and foreclosures, Americans are ready to move on with their lives, even if the prospects are not necessarily any brighter.

3 Nov 2011 - 12:00am

Greek tragedy has its benefits

The Greek economic tragedy is very unlikely to have any kind of happy ending, unless of course you are an international investor looking to gain a foothold in paradise.

Greece is on course for a third consecutive year in recession, with the economy shrinking by 6.9 per cent in the second quarter, according to the latest economic indicators.

31 Aug 2011 - 12:00am

Storm over home prices triggers plunge in sales

Luxury and mass market home sales in Hong Kong have plunged over the past two weeks, as buyers wait for government measures that are expected to push prices lower.

7 Nov 2009 - 12:00am

Luxury deals lose steam

Hong Kong banks have begun applying the brakes on home loans, and the consequences are already visible as the recent run of world record-breaking purchases of luxury homes in the city comes to an end.

'Transactions in luxury units fell 30 per cent last week compared with a week earlier,' said Terence Tong, a director at Centaline Property Agency.

28 Oct 2009 - 12:00am

Sai Kung starts to recover

Transactions for luxury homes in Sai Kung have been slowly picking up since May thanks to rising prices across Hong Kong, according to Mathew Chung Kwong-yiu, sales manager at Sunshine Property Consultant.

4 Sep 2009 - 12:00am

Get a private lift out of your $150m home

In an offer targeted at the super-affluent, New World Development is selling three Deep Water Bay homes, each with its own elevator

22 Feb 2006 - 12:00am

Turning master bedrooms into suite deal

Houses built for connoisseurs of luxury living who expect sleeping quarters with space, style - and a jacuzzi

For most of us, an en suite bathroom is a mark of luxury. Not so for some of today's connoisseurs of sumptuous living.

17 Aug 2005 - 12:00am

Luxury real estate to be sold by tender

Two luxury residential properties are being offered for sale by tender, a sign of confidence in the still buoyant secondary market.

The expected sales price for the 26-year-old Horizon Lodge in Chung Hom Kok is $230 million. Jones Lang LaSalle and Savills Realty have been appointed as the joint sole agents.

27 Apr 2005 - 12:00am

Luxury prices to stabilise in second half

The luxury residential market is set for further consolidation in the short term but may stabilise later this year, says Chesterton Petty.

The company said in a report that economic uncertainties might continue to hound the property and stock markets in the short term, but the negative impact was not expected to be as severe as before.

29 Apr 1998 - 12:00am

Luxury villa prices at Windsor Heights short of expectations

FPD Realty says eight of the 40 deluxe villas in Sino Land's Windsor Heights in Kau To Shan have been sold for prices between $13,000 to $14,000 per square foot.

30 Oct 1997 - 12:00am

Caution expected to slow sale of luxury homes in Tai Tam

The sale of four semi-detached townhouses at 8 Tai Tam Road, Tai Tam, could be slow because the luxury market is dominated by cautious end-users and the flats will not be completed until the third-quarter of next year, according to property agents.

22 Oct 1997 - 12:00am