One of the World’s Most Expensive Luxury Property Markets Is Becoming a Lot Cheaper
China’s economic slowdown is wreaking havoc on Hong Kong’s luxury property market. The most expensive homes in the city are ...
China enters 'new normal' for luxury market with flat sales expected in 2025, report says
China's luxury market declined by 18% to 20% in 2024, marking the end of a period of "exponential growth", with sales ...
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China’s tycoons sell luxury Hong Kong homes at steep discounts
as reported by the South China Morning Post. Similarly, Ho Shung Pun, director of real estate investment firm Kowloon Investment Company, had to offload seven luxury homes at considerable ...
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China's richest people are leaning hard into quiet luxury, wielding stealth wealth like a weapon and scorning their flashy, label-chasing peers
Think the scions of property moguls and political power players, the fuerdai who have been educated at Ivy League schools, who fly home for the summer to their lush homes in the inner rings of the ...