Aston Chase reports £25m of sales to Hong Kong buyers

Estate agent Aston Chase reveal they have achieved over £25m worth of sales to Hong Kong buyers, with the recent sale of 92 Portland Place in Regent’s Park marking the fifth transaction in recent months.

The three-bedroom maisonette at 92 Portland Place sold for £4.4m to a Hong Kong couple in their 50s with two children. Aston Chase note that their Hong Kong clientele look for turn-key properties with a period façade within well connected central locations.

The apartment offered interior design by internationally acclaimed design firm Taylor Howes and provided access to the eight-acre private gardens including a lawn tennis court and children’s play area. This modernised, turn-key apartment provided the Hong Kong buyers with an ideal London home.

Aston Chase have also sold a £1.85m apartment at the Plimsoll Building in Kings Cross to a couple from Hong Kong with a son who will be studying in London. Having originally begun their search in St John’s Wood and Hampstead, but decided upon Kings Cross due the incredible amenities on offer for both themselves and their son.

The sales at 92 Portland Place and the Plimsoll Building come after Aston Chase’s record-breaking deal at 10 Whitehall Place at the Corinthia Hotel in September of this year to a couple from Hong Kong. The £10.75 million four-bedroom apartment sold within 72 hours and marked the highest Whitehall transaction in five years. Aston Chase note that the Hong Kong couple were drawn  to the apartment by their love of the hotel and the services that were on offer.

Simon Deen, Director of New Homes at Aston Chase said, “Aston Chase have secured a number of significant deals in recent months to Hong Kong buyers. We have seen a surge in interest due to political unrest in the region with many Hong Kong nationals seeking to diversify out of Hong Kong and provide a safe haven for both themselves and their money. Interestingly, our clientele are looking for turn-key properties within areas that offer exceptional amenities for themselves and their families.”