{"id":172440,"date":"2026-08-26T06:00:12","date_gmt":"2026-08-25T23:00:12","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/super-rich-losing-millions-as-some-hong-kong-trophy-homes-sell-at-painful-discounts\/"},"modified":"2026-08-26T07:21:44","modified_gmt":"2026-08-26T00:21:44","slug":"super-rich-losing-millions-as-some-hong-kong-trophy-homes-sell-at-painful-discounts","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/super-rich-losing-millions-as-some-hong-kong-trophy-homes-sell-at-painful-discounts\/","title":{"rendered":"Super-rich losing millions as some Hong Kong trophy homes sell at painful discounts"},"content":{"rendered":"


\nHong Kong has seen a string of cut-price deals for super-luxury homes in recent months, with financially pressured owners accepting eye-watering losses to exit the market even as demand for trophy homes remains strong.
\nAmong the latest examples is the sale of a Bel-Air luxury house for HK$138 million (US$17.6 million), about HK$37 million below the price the former owner paid for the property in 2018.
\nThe 3,792 sq ft house in Pok Fu Lam was bought for HK$175 million in 2018 by Shie Thomas,…
\n
\nSource : South China Morning Post
\nRead more…Super-rich losing millions as some Hong Kong trophy homes sell at painful discounts<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Hong Kong has seen a string of cut-price deals for super-luxury homes in recent months,...<\/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-172440","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-IRi","jetpack-related-posts":[{"id":5068,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/super-rich-still-love-to-buy-super-luxury-homes-despite-economic-uncertainties-in-hong-kong\/","url_meta":{"origin":172440,"position":0},"title":"Super-rich still love to buy super luxury homes despite economic uncertainties in Hong Kong","date":"February 17, 2016","format":false,"excerpt":"\r Recent stock market turbulence and a weakening economic outlook have not detracted from the uber-wealthy\u2019s interest in buying super luxury residential properties in Hong Kong, with a detached house at Headland Road, Stanley, selling for HK$1.02 billion.\r \r Source : South China Morning Post\r Read more...Super-rich still love to\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":171656,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/pair-of-hong-kong-luxury-homes-sells-for-us41m-as-market-sizzle-increases\/","url_meta":{"origin":172440,"position":1},"title":"Pair of Hong Kong luxury homes sells for US$41m as market sizzle increases","date":"April 29, 2026","format":false,"excerpt":"\r A wave of demand from mainland Chinese buyers is restoring liquidity to Hong Kong\u2019s trophy home market, enabling owners who have held onto pricey assets for many years to lock in gains. Among them, mainland property tycoon Zhao Zhijun sold two adjoining units at 8-12 Peak Road for a\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":172292,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/30-of-owners-looking-to-sell-hong-kong-luxury-homes-willing-to-lower-prices-agents\/","url_meta":{"origin":172440,"position":2},"title":"30% of owners looking to sell Hong Kong luxury homes willing to lower prices: agents","date":"July 31, 2026","format":false,"excerpt":"\r Celebrities including Chow Yun-fat, Stephen Fung Tak-lun and William Chan Wai-ting slashed prices before selling luxury properties recently, with property agents saying secondary luxury home trading will continue to slow in the short term, with prices up to 10 per cent lower. The asking price for Hong Kong film\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":396,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-luxury-flat-sells-for-record-hk594-7-million\/","url_meta":{"origin":172440,"position":3},"title":"Hong Kong luxury flat sells for record HK$594.7 million","date":"December 31, 2015","format":false,"excerpt":"\r \r A luxury apartment in Hong Kong that sold for a record HK$594.7 million (Dh281.8m) days before Christmas, has become the most expensive flat in the city and possibly in Asia.An unidentified buyer paid more than HK$103,700 per-square foot for the 5,732 square-foot unit at the luxury 39 Conduit\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":172440,"position":4},"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":169733,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mainland-chinese-buyers-pour-us2-billion-into-hong-kong-super-luxury-homes\/","url_meta":{"origin":172440,"position":5},"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":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/172440"}],"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=172440"}],"version-history":[{"count":1,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/172440\/revisions"}],"predecessor-version":[{"id":172441,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/172440\/revisions\/172441"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=172440"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=172440"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=172440"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}