Aerial view of House 15 at the Mount Nicholson community on The Peak on 26 June, 2019. A 22-year-old founder of the Causeway Education Centre, bought the house for HKD$916 million. Photo: SCMP / Martin Chan

Education centre boss, 22, buys US$117 million Hong Kong villa on Mount Nicholson even as city’s property remains downbeat

  • Matthew Cheung Siu-woon splashed out HK$105,603 (US$13,526) per square foot on the property which comes with a garden and rooftop
  • The deal was completed as fears of an escalation of the US-China trade war and protests in Hong Kong hit market sentiment
Topic |   Hong Kong property

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Aerial view of House 15 at the Mount Nicholson community on The Peak on 26 June, 2019. A 22-year-old founder of the Causeway Education Centre, bought the house for HKD$916 million. Photo: SCMP / Martin Chan
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The luxury development at 8 Deep Water Bay Drive. Photo: K. Y. Cheng

Buyer walks away from US$32 million Hong Kong luxury home, as trade war and protests sap appetite for real estate investment

  • An unidentified Hong Kong buyer has walked away from a contract to buy a HK$251.23 million luxury home in the Deep Water Bay neighbourhood, forfeiting a HK$12.5 million deposit
  • The property, at 8 Deep Water Bay Drive, is a luxury apartment measuring 3,641 square feet
Topic |   Hong Kong property

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The luxury development at 8 Deep Water Bay Drive. Photo: K. Y. Cheng
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