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Hong Kong property market
Actor William Chan cuts price of Hong Kong apartment by 21% due to market difficulties
Hong Kong actor William Chan has reduced the asking price for his three-bedroom apartment from HK$34 million (US$4.38 million) to HK$26.8 million, a discount of over 21%.
Hong Kong actor Chow Yun Fat slashes mansion’s price by $3.2M amid market struggles
Property developer Agile’s chairman loses $16M over Hong Kong luxury flat fire sales
China’s tycoons sell luxury Hong Kong homes at steep discounts
Some wealthy Chinese have been selling their high-end homes in Hong Kong, one of the world’s most expensive luxury property markets, at fire sale prices this year.
November 19, 2024 | 03:32 pm PT
Hong Kong actress Dada Chan loses over $205K on abandoned penthouse deal
Actress Dada Chan has backed out of a penthouse purchase in Hong Kong’s neighborhood of Tai Kok Tsui, forfeiting a deposit of HK$1.6 million (US$205,628).
November 14, 2024 | 06:11 pm PT
Property developer Agile chairman sells Hong Kong flat at 54% loss
Chen Zhuolin, chairman and founder of the Chinese property developer Agile Group Holdings, sold a three-bedroom Hong Kong flat for HK$14.3 million (US$1.83 million), representing a 54% reduction from its original price.
August 14, 2024 | 05:00 am PT
Wealthy Hong Kong families sell mansions at losses amid property market downturn
Rich families in Hong Kong are selling their villas, mansions and other properties, accepting losses of millions of dollars, to pay debt as the local property market struggles.
August 2, 2024 | 12:27 am PT
Casino mogul Stanley Ho and first wife’s Hong Kong mansion listed for sale at $383M
The Hong Kong mansion where the late casino tycoon Stanley Ho lived with his first wife Clementina Leitão has been put on the market for HK$3 billion (US$383 million).
May 5, 2024 | 02:56 pm PT
