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Hong Kong real estate
Miss Hong Kong Grace Chan makes rare appearance with real estate tycoon father
Grace Chan, crowned Miss Hong Kong 2013, made a rare appearance alongside her father Chan Gwai Coeng—dubbed the “property king” by local media—in an advertisement for a real estate project.
Nicholas Tse leases out Central Hong Kong retail space after a year of vacancy at 40% reduced rate
Family of Hong Kong’s ‘minibus king’ sell luxurious estate at 34% discount
Influencer linked to affair scandal with Hong Kong Tai Sang Bank chairman Patrick Ma rents property for almost $20,000 a month
Rachel Chung, a 34-year-old influencer embroiled in a high-profile affair scandal with Hong Kong Tai Sang Bank chairman Patrick Ma, is reportedly renting a property on the Peak for HK$150,000 (US$19,253) per month.
January 27, 2025 | 01:51 am PT
Property developer Agile’s chairman loses $16M over Hong Kong luxury flat fire sales
Chen Zhuolin, chairman of Chinese property developer Agile Group, has sold nine flats in a luxury project in Hong Kong at 53-63% discounts, incurring losses of HK$123 million (US$15.8 million).
November 26, 2024 | 07:28 pm PT
Who is Li Ka-shing, Hong Kong billionaire called Warren Buffett of Asia?
Li Ka-shing, often called the “Warren Buffett of Asia,” is a billionaire with a net worth of nearly $30 billion, making him the second wealthiest person in Hong Kong.
November 24, 2024 | 09:28 pm PT
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
$116M Evergrande founder-linked mansions struggle to find buyers
Two Hong Kong mansions tied to the founder of China Evergrande Group, Hui Ka Yan, have remained unsold for 11 months after being seized by creditors.
October 21, 2024 | 09:03 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
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