
Venus Feng
Wealth Reporter at Bloomberg News
Write about billionaires and @wealth for @business. Foodie, iOS fan, and @JMSCHKU alum. Views are my own.
Articles
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6 days ago |
bloomberg.com | Venus Feng |Charlotte Yang
A real agent agent inside a property agency in the Wan Chai area of Hong Kong. (Bloomberg) -- Declining interest rates in Hong Kong are increasing the chances the residential property market bottoms out, according to Jefferies. The one-month Hong Kong Interbank Offered Rate has plunged 205 basis points in the past four days, potentially bringing relief for a market hammered by high interest rates and slumping prices.
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4 weeks ago |
bloomberg.com | Venus Feng
When fear grips the markets and it looks like there’s nowhere to hide, luxury property might be an enticing investment option for the ultra rich. One of Hong Kong’s most prestigious developers is testing whether that holds true even in a city that’s been struggling with a property downturn for years. The proof of concept is a clutch of new mansions on a historic site — at one of the world’s swankiest addresses.
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1 month ago |
bloomberg.com | Venus Feng
A Taiwanese shipping family has bought a luxury mansion in Hong Kong for HK$260 million ($34 million), marking the second-largest new home sale in the Asian financial hub this year. The Chen family of T.S. Lines Ltd. purchased the property at the One Stanley project with British Virgin Islands vehicle Maritime Legacy Ltd., according to a land registry filing.
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1 month ago |
news.bloomberglaw.com | Venus Feng
A Taiwanese shipping family has bought a luxury mansion in Hong Kong for HK$260 million ($34 million), marking the second-largest new home sale in the Asian financial hub this year. The Chen family of T.S. Lines Ltd. purchased the property at the One Stanley project with British Virgin Islands vehicle Maritime Legacy Ltd., according to a land registry filing.
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1 month ago |
hk.news.yahoo.com | Venus Feng
【彭博】-- 台灣航運界的一個家族以2.6億港元(3,400萬美元)的價格在香港購買了一棟豪宅,就此達成了當地今年第二大的新房交易。 根據一份土地註冊備案文件,德翔海運所屬的陳氏家族通過在英屬維爾京群島註冊的平台公司Maritime Legacy Ltd.,購買了這處One Stanley樓盤的房產。這棟房子位於香港島南岸,面積5,329平方呎(495平方米),擁有五間套房、一個游泳池和一部私人電梯。 Maritime Legacy是去年11月上市的德翔海運的控股股東,招股說明書顯示,它為四位陳氏家族成員 —— 德翔海運創始人陳德勝、其妻莊壯麗、其子陳劭翔及其女陳依琦 —— 的公司所有。 德翔海運在香港IPO中籌集了1.35億美元資金,和記港口控股的一家子公司是其基石投資者之一。陳德勝於2001年創立了德翔海運,現已將其發展成為一家在全球運輸、去年創造了13億美元收入的公司。 原文標題Taiwan Shipping Tycoon Buys $34 Million Luxury Home in Hong Kong More stories like this are...
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