Cheung Sha site sells for $210m, smashing record and expectations
A developer has paid a record HK$210 million for a Cheung Sha residential site, 50% above the forecast price. The price equates to up to HK$19,667 per sq ft, beating the [...]
Property
Windfall: Investor pockets 30% profit on Tung Chung parking space
As Hong Kong’s property price spiral continues, a Tung Chung investor has pocketed a cool HK$290,000 gain from the sale of a parking space. The ground floor parking [...]
Mui Wo’s coming population boom
Around this time next year Mui Wo’s population will undergo a sharp expansion with the completion of two new public housing projects. The new estates, Ngan Ho Court and [...]
MTR to build another 14,000 apartments on Tung Chung Bay
Yet another North Lantau Coast development is on the drawing board. The latest is MTR Corp’s residential and retail project at Siu Ho Wan, about three kilometres east [...]
Silver Waves Court sold: another building project headed for Mui Wo
Another major building project is on the way for Mui Wo with the sale of beachfront housing estate Silver Waves Court. The 20-year-old estate is to be rebuilt into 18 [...]
Suddenly, a rush for Lantau luxury homes
Keen to drop HK$60m on a South Lantau home? You may have to hurry – they’re suddenly in demand. Only one home is left at the Botanica Bay development in Cheung Sha, [...]
Botanica Bay home leased for $136,000 a month
Lantau’s property market has just gone to another level, with the leasing of a Botanica Bay property for HK$136,000 per month. The home, the first to be leased in the [...]
Cheung Sha plot tipped to sell for $140m
The rampup in local property prices shows no sign of easing, with a plot of government land at Cheung Sha predicted to fetch up to 60% more than a similar site three years [...]
Govt to sell Cheung Sha site for new homes
The Cheung Sha strip near the San Shek Wan roundabout looks set to grow further as a prime residential property location. A 2480 sq metre site just 200 metres west of the [...]
1br unit at Tung Chung’s Visionary sells for record $5.6m
One-bedroom units are in heavy demand at Tung Chung’s Visionary complex, with the price this month reaching a new high of $12,584 per sq foot. A one-bedroom apartment in [...]
