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Hong Kong real estate
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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.
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.
Miss Hong Kong Michele Reis's husband sells penthouse at nearly $3M loss
Julian Hui, husband of Miss Hong Kong 1988 Michele Reis, has listed a penthouse for HK$22.07 million (US$2.8 million) less than its original purchase price.
July 19, 2024 | 01:21 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
Chinese property tycoon Chen Hongtian faces demands on $200M of overdue loans
Chinese property tycoon Chen Hongtian is facing demands from banks to repay over US$200 million in loans, for which he and his family have provided personal guarantees.
April 27, 2024 | 03:00 am PT
Tight squeeze for Hong Kong's young professionals
Under Hong Kong law there is no limit to how small a flat can be.
June 13, 2018 | 01:26 am PT
