The Peak

New Business

Hong Kong politician Bunny Chan bets US$40 million on luxury market with Stanley purchase

A Hong Kong delegate to China’s National People’s Congress (NPC) bought a luxury residential project in the seaside enclave of…

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New Business

Hong Kong developers test demand for ultra-luxury homes with new launch on The Peak

Hong Kong property developers are bringing new trophy homes to market, as Wharf Holdings kicked off a tender on Friday…

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New Business

Swire Properties sells 2 Deep Water Bay homes for US$283 million in biggest deal in years

Activity in Hong Kong’s ultra-luxury residential market is picking up, with Swire Properties selling two homes in Deep Water Bay…

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Late casino tycoon Fu Tak-iam’s family buys Hong Kong serviced flats for US$71 million

A company linked to the family of late Macau casino pioneer Fu Tak-iam bought a serviced-apartment property in Hong Kong’s…

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Returning expats fuel Hong Kong’s luxury rental rebound, Savills says

Hong Kong’s luxury residential rents are likely to climb another 3 to 5 per cent next year as growing numbers…

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Hong Kong tycoon Peter Law’s daughter buys US$46 million flat after record Peak mansion sale

The daughter of prominent Hong Kong businessman Peter Law Kin-sang has bought a luxury flat in Mid-Levels West following his…

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More affluent buyers to snap up luxury homes amid Hong Kong’s roaring stock market

More affluent buyers are likely to snap up luxury homes in Hong Kong in the coming months, according to agents,…

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New Business

Wharf posts first-half profit as Hong Kong luxury property market offsets mainland woes

Hong Kong developer Wharf (Holdings) swung to a profit in the first half, supported by lower borrowing costs and a…

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New Business

Hong Kong ultra-luxury homes: mainland Chinese buyers drive US$3 billion buying spree

Hong Kong’s super luxury property market has seen 35 transactions worth about HK$23 billion (US$2.93 billion) in the past 19…

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New Business

After selling homes on The Peak, low-key Ho Shung-pun family puts building on the block

The family of Ho Shung-pun, a low-key clan of real estate developers in Hong Kong, has put a commercial property…

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