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Wheelock Properties (Hong Kong) Limited A property in Hong Kong is being rented at approximately $174,000 USD a month, Inman reports. That comes out to $2 million a year, a new record for the city. The house is in Victoria Peak, a famously expensive neighborhood in Hong Kong. In Hong Kong, there's a new rental record in town — a $2 million record, to be precise. A rental property in the Victoria Peak neighborhood of Hong Kong is being leased out for roughly $174,000 a month, or $2 million a year, the South China Morning Post reported. It's the most expensive re...

MONEYWEB app instead? Luxury property market has set another record, as its recovery from the pandemic gathers steam. By Shawna Kwan, Bloomberg 3 Mar 2021  08:23  Image: Paul Yeung/Bloomberg Hong Kong’s luxury property market has set another record, as its recovery from the pandemic gathers steam. Wharf Holdings Ltd. has rented out a luxury house in its 11 Plantation Road project on the Peak for HK$1.35 million ($174,000) a month, it said in a statement late Tuesday. That translates into more than $2 million a year for the unidentified tenant. The rent is the highest for a home in ...

Hong Kong House Costs a Record $2 Million a Year to Rent Bloomberg 3/3/2021 Shawna Kwan © Bloomberg Buildings are seen from Victoria Peak at dusk in Hong Kong, China, on Wednesday, Aug. 28, 2019. (Bloomberg) -- Hong Kong’s luxury property market has set another record, as its recovery from the pandemic gathers steam. Wharf Holdings Ltd. has rented out a luxury house in its 11 Plantation Road project on the Peak for HK$1.35 million ($174,000) a month, it said in a statement late Tuesday. That translates into more than $2 million a year for the unidentified tenant. The re...

Demand during the fourth wave of infections defied predictions and kept the price index for lived-in homes in positive territory last year.

  TORONTO -- Anything resembling "normal" may seem unfathomable as the number of COVID-19 cases worldwide dash past 80 million and Canada grapples with a second wave that far surpasses what it experienced in the spring. It is a term that feels wildly out of place in 2020, but in some parts of the world where the virus has been all but eradicated, like Taiwan and Australia, life is about as close to "normal" as one can imagine during a global pandemic. CTVNews.ca spoke with half a dozen people experiencing a far different pandemic life and took a snapshot -- by no means an exhaustive look...