Hong Kong developers test demand for ultra-luxury homes with new launch on The Peak
As property prices stabilise and rents are on the rise, affluent buyers are being enticed with a fresh supply of high-end homes
The tender marked one of the most closely watched super-luxury home offerings in 2025, following a recent string of high-value transactions that pointed to renewed confidence in the market among affluent buyers.
The three mansions, with saleable areas ranging from 5,629 to 6,122 square feet, include the largest home in the project’s first phase – comprising a total of eight units – that comes with a 4,430 square foot private garden and courtyard.
Wharf’s latest Plantation Road offering reflects how developers are encouraged by improved market sentiment, following a number of big-ticket transactions this year.
While overall housing activity continues to be dominated by mass-market flats, Hong Kong has seen a rebound in deals involving luxury homes priced above HK$50 million (US$6.4 million) in recent months.
