〈The Standard, Jan 10, 2026〉A detached house at Mount Nicholson on the Peak, often dubbed the "King of Asia Tower,” sold for HK$1.04 billion. It's co-developed by Nan Fung Group and Wharf (0004). Land Registry records show the house has a saleable area of approximately 9,455 square feet, including a 6,188-sq-ft garden and a 1,530-sq-ft rooftop. It was sold last month for HK$1.039 billion, at a price of HK$109,889 per square foot. The original owner, Chow Kwok Fai, who shares the same name as the chairman of the mainland Chinese company Eternal Asia Supply Chain Management, purchased the unit in 2016 for HK$830 million, realizing a profit of HK$209 million from the sale. Source URL : House at Mount Nicholson sold for $1.04 billion.
〈Hong Kong Business, Jan 9, 2026〉King Virtue Limited, the parent company of Sino Land Company Limited and great eagle Holdings Limited,emerged as the highest tenderer for new Kowloon Inland Lot No. 6674 at Choi Hing Road, Jordan Valley, Kowloon, securing a 50-year lease with a premium of $1.61b, the Lands Department announced on 7 January.
The lot covers approximately 3,830 square metres and is designated for non-industrial use, excluding godown, hotel, and petrol filling station.
The minimum gross floor area (GFA) and the maximum GFA are 20,682 sq. m. and 34,470 sq. m., respectively.
〈The Standard, Jan 8, 2026〉McDonald’s has sold a prime retail property in Causeway Bay for about HK$119 million, marking the most expensive transaction among a batch of Hong Kong shop units the US fast-food giant has put on the market since last year. The property, located at 46–54 Yee Wo Street, comprises the ground floor and the first two upper floors of the McDonald’s Building, with a total gross floor area of about 10,270 square feet. The sale price translates to around HK$11,558 per square foot. The shop is currently leased to McDonald’s at a monthly rent of about HK$597,000, providing the new owner with a rental yield of roughly 6 percent. McDonald’s began selling its eight retail properties in late July last year and has so far disposed of shops in Yuen Long, Mong Kok, Kennedy Town, Tsz Wan Shan, Tai Kok Tsui and now Causeway Bay. The six transactions have generated combined proceeds of about HK$490 million.
〈Asian Post Jan 7, 2026〉Hong Kong’s official foreign currency reserves assess stood at $3.33t (US$427.9b) at end-December 2025, easing from $3.34t (US$429.4b) a month earlier, according to figures released by the Hong Kong Monetary Authority (HKMA).
The month-on-month (MoM) decline followed stable conditions in the Exchange Fund’s balance sheet, with the HKMA reporting no unsettled foreign exchange contracts at the end of December or November.
Despite the modest pullback, reserve assets remained substantial, equivalent to more than five times the currency in circulation or about 38% of Hong Kong dollar M3, underscoring the depth of liquidity backing the monetary base.
〈RTHK News, Jan 6, 2026〉The government is distributing questionnaires to Wang Fuk Court flat owners to gauge their long-term rehousing preferences, with three sites identified as potentials for relocating them within Tai Po.
According to the questionnaire, the earliest possible time frame out of the three rehousing options for victims of the devastating inferno to move in is 2029 at a site on Chung Nga Road West, where around 900 units are expected to be provided initially.
Next most convenient from a temporal perspective is a site in Kwong Fuk Park, where they could move in as early as 2033.
