Diamond Snoopy

To commemorate Snoopy’s 60th anniversary, Hong Kong’s Fine Jewelry Brand, TSL has made a stunning 207 Carat Diamond Snoopy. The Diamond Snoopy is 5.5 inches tall and is festooned with 9,917 diamonds, 783 black diamonds and 415 rubies. It took 8 months to complete and its proposed retail price is HK$2,888,880 (US$370,380).

Site in Hong Kong’s Peak Sells for $1.33 Billion

A rare residential site on Hong Kong’s prestigious Victoria Peak fetched 1.33 billion US dollars at auction Wednesday, boosting one of the world’s most dizzying luxury property markets. The plot of land at 103 Mount Nicholson Road, which offers a panoramic view of Hong Kong’s world-famous Victoria Harbour, was snapped up by Nan Fung Group … Continued

Mercedes-Benz Launches SLS AMG in Hong Kong

Mercedes-Benz Hong Kong have launched their flagship sports car SLS AMG in the city, making Hong Kong one of the first Asian markets to get the Gullwing super sports car within the first few weeks of its production. The car is the first Mercedes automobile designed in-house by AMG and is described by Mercedes as … Continued

Hong Kong prepares for rare Chinese stamp auction

International stamp collectors are all aflutter this week as Hong Kong prepares to host an auction of rare Chinese stamps including a copy of the fabled “1897 Red Revenue” — known as the most valuable Chinese stamp there is. Hosted by Interasia Auctions, the sale will feature 2,200 lots representing the stamp and postal history … Continued

Hong Kong prepares for life after the tycoons

Hong Kong’s billionaire tycoons enjoy a status close to royalty in Asia’s wealth-obsessed financial hub. The city’s richest man Li Ka-shing has the fame of a movie star, while the court case involving the will of eccentric pig-tailed billionaire Nina Wang last year enthralled Hong Kong with its brew of sex, money and power. But … Continued

Porsche 911 Carrera S Centurion Edition

In order to celebrate The Centurion’s 10th anniversary American Express revealed a special Porsche 911 Carrera S Centurion Edition in Hong Kong. The sports car is exclusive to American Express Centurion members and card holders. From now until July 31, 2010, Centurion members in Hong Kong can place their order for the Porsche 911 Carrera … Continued

Asia millionaires worth more than Europeans

Asia-Pacific millionaires are collectively worth more than their European counterparts for the first time, with the rich in China and India leading the way. The report on high-net worth individuals (HNWIs) — defined as anyone with investible assets of at least one million US dollars — was issued by Merrill Lynch Global Wealth Management and … Continued

Luxury Apartment Deals Collapse in Hong Kong

Hong Kong officials said Wednesday they will look into the controversial sale of a luxury flat that fell through months after its developer said it had snatched world-record price. Property giant Henderson Land Development revealed on Tuesday that sales of as many as 20 out of the 24 units at “39 Conduit Road” had been … Continued

The World’s Most Expensive Shopping Streets

New York City’s famed 5th Avenue is no longer the most expensive street to lease a retail store According to a new report from Colliers International. The average annual rent on Manhattan’s luxury shopping destination fell 10.7 percent from a year earlier to $1,250 a square foot as of March. In first place now is … Continued

The Most Expensive Land in Hong Kong

Sun Hung Kai Properties, the world’s biggest developer by market value, paid HK$10.9 billion ($1.4 billion) for a residential site at a public auction in HongKong. At HK$12,540 per square foot, it is the highest price paid in a government auction in urban Hong Kong since the market peaked in 1997. Luxury home prices may … Continued

Hong Kong Property Sells for $233 Million

A plot of land in one of Hong Kong‘s most sought-after areas sold for a record 1.82 billion Hong Kong dollars ($233 million USD) at auction Tuesday. The 4,956-square-metre plot fetched 17 per cent more than the reserve price. The winning bid was made by Henderson Land Development Company vice-chairman Martin Lee. The price was … Continued

Hong Kong boasts world’s least affordable homes

Bad times are getting even worse for Hong Kong‘s homemakers with a comparative survey showing it is now harder to own an apartment here than in other major cities of the world. The report released Wednesday claims that your average Hongkonger has to spend 10 times their annual income to buy an apartment — the … Continued

Iconic Hong Kong hotel chain plans Indian expansion

Iconic luxury chain Peninsula is planning to begin operations in India as part of its global expansion plan, the chain has confirmed. Clement Kwok, the CEO of Peninsula owner Hongkong & Shanghai Hotels Ltd, told BusinessWeek magazine that the brand would open a maximum of 15 properties globally in the next five to ten years. … Continued

Rare blue diamond fetches $6.4M in Hong Kong

A rare 5.16-carat blue diamond sold at auction for $6.4 million in Hong Kong on Wednesday, confirming Asia’s fast-growing taste for the precious stone. London’s famed Moussaieff Jewellers paid more than the $5.9 million expected price tag for the pear-shaped stone, the first blue diamond from the celebrated De Beers Millennium Jewels Collection to appear … Continued

Design-Led Hullett House Debuts In Hong Kong

The design-led, all suite heritage hotel that occupies the upper floors of Hullett House offers guests a refined and elegant experience that is reminiscent of Hong Kong’s vibrant past. Hullett House is conveniently located on Canton Road in Tsim Sha Tsui, in a magnificent white-stucco colonial building dating from 1881. The hotel provides a collection … Continued

Chinese interest rules the auction world

In a bold recognition of the world’s fastest-growing auction market, Sotheby’s recently hoisted China‘s flag at the most conspicuous spot outside its New York headquarters. The flag now flies between those of the US, UK, France, and Switzerland, where the auction house has established its core client base. “We proposed it. To my great surprise, … Continued

Video: China’s love for luxury

CNN posted an interesting video today about the growing number of mainland Chinese shoppers flocking to Hong Kong to buy luxury goods, much to the enjoyment of Hong Kong retailers and international luxury brands alike.

Martell unveils first Cognac Experience Boutique

Pernod Ricard has opened the first Martell Experience Boutique at Hong Kong International airport (HKIA) terminal one’s arrivals area. The Martell Experience Boutique is one of only two places in the world to obtain a bottle of L’Or de Jean Martell, according to Jean-Etienne Gourgues. Customers who buy a bottle of L’Or de Jean Martell … Continued

Chinese collectors push prices to new levels

Prices for antiques in China have risen sharply over the past five years and now galleries all over the world over are waiting for the nation’s cashed-up collectors to spread the wealth overseas. Speaking on the sidelines of the Netherlands’ Tefaf Maastricht, New York gallery director James Hennessy said that internationally things were looking up … Continued

Asia Boating Awards 2010

The sixth edition of the Prestigious Asia Boating Awards will be hosted this year at the Hong Kong Gold Coast Yacht and Country Club. For the first time ever, the Asia Boating Awards, the top event of the yachting calendar in Asia, will be staged in Hong Kong at the upcoming Hong Kong Gold Coast … Continued