Home /

Mortgage News

No. of view:656

Property News

〈The Standard, Feb 14, 2026〉Hong Kong billionaire businessman Joseph Lau Luen-hung’s family has reportedly sold a luxury home in Mid-Levels for nearly HK$100 million. The three-bedroom flat at the Albany, with a floor area of 1,948 square feet and a car parking space, was sold for around HK$51,000 per sq ft, the highest in nearly five years for the project.

It was said that Lau’s family purchased the flat for HK$88 million in 2013 via a company, meaning they pocketed a paper gain of HK$12 million from the sale after holding the asset for 12 years. The company’s directors include Lau’s son and the billionaire’s ex-girlfriend Yvonne Lui Pui-lam, better known as Yvonne Lui Lai-kwan. Source URL : Billionaire Joseph Lau's family reportedly sell Mid-Levels luxury home for $100 million.

〈Hong Kong Business, Feb 13, 2026〉Hong Kong’s commercial real estate yields stabilised in late 2025, ending a downturn that began in mid-2019, according to MSCI data.

The office market saw a boost in corporate acquisitions, with Alibaba and Ant Group purchasing half of One Causeway Bay for $7.22b (US$925m) - the largest Hong Kong office deal since 2021.

Total Asia Pacific investment reached $1.43t (US$182.9b) in 2025, matching 2024 levels, whilst individual property sales hit $312b (US$40b) in the fourth quarter (Q4) - the highest since 2022. Changes in financing costs helped end the cap-rate expansion cycle across most sectors.

〈The Standard, Feb 12, 2026〉Swire Properties' (1972) the Headland Residences in Chai Wan recorded three more transactions on Wednesday, comprising two-bedroom units.

The project has sold a total of 21 units in the past nine days. To date, The Headland Residences has achieved 124 transactions in total, with cumulative sales exceeding HK$1.06 billion. Source URL : The Headland Residences records three more transactions, with 21 units sold in recent days.

〈Asian Post,Feb 11,2026〉Whilst the overall outlook for the Hong Kong office market is "downbeat", high-quality spaces in prime areas are still seeing strong interest, CBRE Group said its Asia Pacific Q3 2025 Office Trends report.

Office leasing in the Greater Central is driven by renewed activity in the finance and insurance sectors, whilst decentralised areas are attracting upgrading demand.

A trading firm secured a pre-leasing deal in a future development along the Central harbourfront, and this signals a “continued demand for prime core office space,” the real estate and investment services said.

〈RTHK News, Feb 10, 2026〉A site in Shau Kei Wan attracted eight bids when the tender closed on Friday.

The plot at Shau Kei Wan Main Street East, which has a site area of 1,349.2 square meters, could provide a maximum gross floor area of 12,142 square metres for private residential purposes.

Latest market estimates have valued the plot at between HK$800 million and HK$1.2 billion, or about HK$5,300 to HK$8,000 per square foot.

Cyrus Fong, an executive director at Knight Frank, said developers appear to be interested in the site.

"Overall, the market atmosphere this year is better than last year, and we've seen fewer failed tenders, especially as land prices also gradually rose after the reduction in interest rates," he said.