Real estate deal

Activity in Hong Kong’s ultra-luxury residential market is picking up, with Swire Properties selling two homes in Deep Water Bay for HK$2.2 billion (US$283 million). The two three-storey units at 6 Deep Water Bay Road have saleable areas of about 9,600 sq ft and 5,300 sq ft, acquired by the same buyer, with transactions set to complete in the first quarter of 2026.