Beware of Fake Property Listings

According to an industry veteran, the majority of units listed in the Hong Kong real-estate market do not exist, and those that do are often misleading. Do not take the words of Hong Kong property brokers at face value. In fact, you might consider discounting 95% of what they say as nonsense – or worse. These are the controversial views of Centaline Property Agency chairman Shih Wing-ching, who recently asserted that the Hong Kong property market has far fewer “real” listings than one would imagine. Shih estimated that only about 10,000 out of 160,000 property units listed in the Hong Kong real-estate market have actual letters of authorization from the landlord. In other words, the remaining 150,000 are actually “fake”, not “real”, estate. Read More
For Sale
Unit / Flat / Apartment
The Riviera Building
62,000,000.00 HKD
The Riviera
Blue Ribbon Complex.
Blue Ribbon Address.
The Riviera- Pik Sha Road.
The Riviera is the best complex is Clear Water Bay.
Sea views.
Functional layouts.
Facilities, Tennis court, swimming pool and club house.
This home has double front windows, ensuring double the sea views.
Excellent space for 4 cars.

Updated on Sep 15, 2018 at 12:35AM
Price: HKD 62,000,000.00
Address: 10 Pik Sha Road
Clear Water Bay, New Territories
Bedrooms: 3
Bathrooms: 3
Building Type: (Building Type)
Property Layout: Simplex
Floor Zone: (Floor Zone)
Property Type: Unit / Flat / Apartment
Gross Area: 1,996 ft²
Saleable Area: 1,996 ft²
Agency Reference No.: EVHK43363

Contact Details
Engel & Volkers (C-035745)
Engel Voelkers

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ID: 162a6b1d-5b97-45e7-8b49-df59488fc4e8