{"id":113167,"date":"2019-12-18T12:44:20","date_gmt":"2019-12-18T05:44:20","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/mainland-chinese-buyers-turn-mount-nicholson-on-the-peak-in-hong-kong-into-worlds-second-busiest-residences-for-super-rich\/"},"modified":"2019-12-18T13:22:51","modified_gmt":"2019-12-18T06:22:51","slug":"mainland-chinese-buyers-turn-mount-nicholson-on-the-peak-in-hong-kong-into-worlds-second-busiest-residences-for-super-rich","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mainland-chinese-buyers-turn-mount-nicholson-on-the-peak-in-hong-kong-into-worlds-second-busiest-residences-for-super-rich\/","title":{"rendered":"Mainland Chinese buyers turn Mount Nicholson on The Peak in Hong Kong into world\u2019s second-busiest residences for super rich"},"content":{"rendered":"


\nMainland Chinese buyers have turned Hong Kong\u2019s wealthy residential enclaves at The Peak into one of the world\u2019s busiest playgrounds for the super rich, based on the number of transactions recorded over the past five years.There were 35 transactions involving homes with addresses on Mount Nicholson Road worth US$2.86 billion, or an average price of US$81.8 million each, according to data compiled by property consultants Knight Frank. New York\u2019s 57th Street is the most sought-after location with\u2026
\n
\nSource : South China Morning Post
\nRead more…Mainland Chinese buyers turn Mount Nicholson on The Peak in Hong Kong into world\u2019s second-busiest residences for super rich<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Mainland Chinese buyers have turned Hong Kong\u2019s wealthy residential enclaves at The Peak into one...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-113167","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-trh","jetpack-related-posts":[{"id":169733,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mainland-chinese-buyers-pour-us2-billion-into-hong-kong-super-luxury-homes\/","url_meta":{"origin":113167,"position":0},"title":"Mainland Chinese buyers pour US$2 billion into Hong Kong super-luxury homes","date":"January 18, 2026","format":false,"excerpt":"\r After several subdued years, 2025 marked a turning point for demand in Hong Kong\u2019s most prestigious housing enclaves, as mainland buyers streamed back into scarce ultra-luxury homes once prices stabilised and transaction momentum rolled into the new year. That shift was most visible in The Peak and Southern district\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":159004,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-luxury-homes-mainland-chinese-buyers-drive-us3-billion-buying-spree\/","url_meta":{"origin":113167,"position":1},"title":"Hong Kong luxury homes: mainland Chinese buyers drive US$3 billion buying spree","date":"August 11, 2025","format":false,"excerpt":"\r Hong Kong\u2019s super luxury property market has seen 35 transactions worth about HK$23 billion (US$2.93 billion) in the past 19 months, with ownership shifting from local property-industry tycoons to mainland buyers who have made their fortunes in hot industries, according to Savills. Wealthy buyers from mainland China accounted for\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":74970,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mainland-billionaire-revealed-as-buyer-for-asias-third-most-expensive-flat-at-exclusive-mount-nicholson\/","url_meta":{"origin":113167,"position":2},"title":"Mainland billionaire revealed as buyer for Asia\u2019s third most expensive flat, at exclusive Mount Nicholson","date":"December 20, 2017","format":false,"excerpt":"\r Mainland Chinese decoration billionaire Xhu Xingliang from Suzhou is the likely owner of Asia\u2019s third most expensive flat, located at the exclusive Mount Nicholson development on The Peak. Xhu was revealed as the buyer of the 4,266 square foot flat on the 10th floor at the Mount Nicholson phase\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":34610,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mainland-chinese-buyers-stayed-off-hong-kong-property-as-yuan-weakened\/","url_meta":{"origin":113167,"position":3},"title":"Mainland Chinese buyers stayed off Hong Kong property as yuan weakened","date":"November 16, 2016","format":false,"excerpt":"\r The share of mainland Chinese buyers in Hong Kong\u2019s luxury residential property transactions declined in the third quarter, according to data by Centaline Property Agency, as the yuan weakened against the city\u2019s dollar-pegged currency. Mainland Chinese made up 15.8 per cent of buyers during the quarter, 5.5 percentage points\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":147968,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mainland-chinese-buyers-rush-into-hong-kong-property-amid-low-prices-and-rates-high-rents\/","url_meta":{"origin":113167,"position":4},"title":"Mainland Chinese buyers rush into Hong Kong property amid low prices and rates, high rents","date":"November 4, 2024","format":false,"excerpt":"\r Home purchases by mainland buyers surged 69 per cent in the first nine months of the year, accounting for nearly a quarter of transactions.\r \r Source : South China Morning Post\r Read more...Mainland Chinese buyers rush into Hong Kong property amid low prices and rates, high rents","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":120676,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/london-overtakes-hong-kong-as-worlds-busiest-super-prime-property-market-as-french-hongkongers-fuel-purchases\/","url_meta":{"origin":113167,"position":5},"title":"London overtakes Hong Kong as world\u2019s busiest super prime property market as French, Hongkongers fuel purchases","date":"April 14, 2021","format":false,"excerpt":"\r London unseated Hong Kong as the top market for super-prime property in terms of transaction value, as foreign buyers including French and Hongkongers helped lift the market despite pandemic and Brexit concerns.The British capital recorded US$3.75 billion of sales from 201 transactions, according to property consultancy Knight Frank, which\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/113167"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=113167"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/113167\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=113167"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=113167"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=113167"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}