Hong Kong Property News -

Chinese Tycoon Chen Hongtian's Luxury Mansion Sold at a Huge Loss of HK$1.3 Billion

Sales Brochure Unveiled for New Peak Villas: Largest Home Spans Over 11,000 Sq Ft

Chinese Tycoon Chen Hongtian's Luxury Mansion Sold at a Huge Loss of HK$1.3 Billion

The luxury mansion at 15 Gough Hill Road, owned by Chinese tycoon and chairman of Cheung Kei Group, Chen Hongtian, was sold as a foreclosure property ...

28Hse Editor #Transaction 2025-08-20 242

The latest sales brochure for the luxury development at 1, 3, and 5 Gough Hill Road on The Peak has been released. This exclusive project consists of ...

28Hse Editor #New Properties 2025-08-19 124

Summer often brings heavy rain, and in just three weeks, Hong Kong’s Observatory issued five black rainstorm warnings, with one lasting 11 hours. In such humid weather, drying clothes becomes a challenge, often leading to unpleasant odours. While dehumidifiers and bathroom heaters are common s...

28Hse Editor #Wed Property Focus 2025-08-19 5K 30

A luxury three-bedroom unit in Beacon Heights was sold for HK$8.9 million, with the previous owner suffering a steep HK$3.9 million loss. Bought in 20...

28Hse Editor #Transaction 2025-08-18 216 1

The Eva Property Index now stands at 108.71 points, holding above the 108-point level for seven consecutive weeks. It slipped slightly by 0.1% week-on...

28Hse Editor #Property Index 2025-08-15 695 1

CK Asset (1113) and MTR Corporation (0066) have unveiled a new price list for Blue Coast II Phase 3C, located at Wong Chuk Hang Station's Southside de...

28Hse Editor #New Properties 2025-08-15 112

The secondary property market continues to heat up, with some new developments recording rare short-term profits. Recently, a two-bedroom unit at Cull...

28Hse Editor #Transaction 2025-08-12 308 3

After successfully purchasing a property, the mortgage repayment journey spans decades and occupies a significant portion of a person's life. According to the Hong Kong Monetary Authority, the maximum mortgage repayment term is currently capped at 30 years. If you find yourself with extra funds duri...

28Hse Editor #Wed Property Focus 2025-08-12 6K 73

The Hong Kong property market has continued to adjust downward in recent years, forcing many homeowners who bought at peak prices to sell at a loss. A...

28Hse Editor #Transaction 2025-08-11 238 1

The Eva Property Index reported 108.82 points, remaining stable at the 108-point level for six consecutive weeks, though transactions hit a 13-week lo...

28Hse Editor #Property Index 2025-08-08 668 5

The highly anticipated Kai Tak runway project, Victoria Voyage, jointly developed by China Overseas, Wharf Group, Henderson Land, and K Wah Internatio...

28Hse Editor #New Properties 2025-08-07 194 1

During the recent black rainstorm signal, a three-bedroom flat in Sceneway Garden, Lam Tin, was rented out for HK$22,000 per month, equivalent to HK$3...

28Hse Editor #Transaction 2025-08-06 197

Buying a property with friends or a partner can make home ownership more affordable, especially when your budget is limited. While co-buying is a practical solution, it's essential to agree on property ownership, mortgage terms, and selling conditions upfront to avoid future disputes.For inst...

28Hse Editor #Wed Property Focus 2025-08-06 8.9K 121

Despite poor weather conditions this past weekend, new property sales remained strong. From August 2 to 3, the market recorded 106 new transaction dea...

28Hse Editor #Transaction 2025-08-04 132 1

The Hong Kong Monetary Authority (HKMA) has released its latest data on negative equity residential mortgages for the second quarter of 2025.By the en...

28Hse Editor #Transaction 2025-08-01 224 1