Topic
Latest news and analysis about Hong Kong’s property industry, including sales, market outlook, policies, products and the performance of developers.
Large supply of homes due to come online soon in Hong Kong will, hopefully, help thwart the rise of a new generation of speculators.
A worrying investigation by the consumer watchdog identified problems that will only deepen unless a fix is found.
Even though the city is in a stronger position now than in recent years, the prevailing crisis of confidence must not be ignored.
Under pilot scheme, Hong Kong liquidator can work with Shanghai, Shenzhen and Xiamen courts, potentially allowing international creditors access to some mainland China assets.
Hong Kong’s current property market downturn is cyclical and not structural, with home prices set to decline by as much as 10 per cent this year as elevated interest rates keep demand in check, S&P says
Fewer than 20 people visit authority’s Cheung Sha Wan office on first day of sale for flats at eResidence Tower 3 in Hung Hom.
Gaw Capital Partners, one of Hong Kong’s biggest real estate private-fund management firms, is focusing on logistics in Vietnam and Mexico, as well as the AI sector bailing out distressed office assets in the US, amid challenges to an economic recovery in mainland China.
Over the past two years, Japanese businesses have been the most active among foreign firms in terms of leasing retail spaces in Hong Kong, according to data compiled by JLL.
Some 238 of the 336 units available in the first batch at Uptown East in Kowloon Bay, worth about US$179 million, found buyers as of 6pm on Sunday, in a sign that the removal of all market-cooling measures has revived demand in Hong Kong.
Simon Siu, chairman of Estate Agents Authority, says decision to scrap extra stamp duties last month was ‘shot in the arm’ for ailing property market.
The 90-year-old converted mansion, Jessville Manor, has changed hands for HK$207 million (US$26.5 million), adding to evidence that the recent scrapping of property curbs may be starting to revive the luxury housing market.
Urban Renewal Authority announces plan to redevelop flats and shops at flower market and nearby streets, with HK$2.5 billion to be spent on acquiring properties.
New ‘community living rooms’ expected to cater to more than 1,000 households living in cramped conditions in To Kwa Wan, Hung Hom and Nam Cheong.
Hong Kong developer Wheelock Properties has priced a first batch of 130 units at its Seasons Place residential project in Tseung Kwan O at a five-year low for the district.
About 900 households from two blocks at Wah Fu Estate will move to new homes by July 2027 at the latest in first stage of clearance for redevelopment of site.
Conglomerate reports record profit of HK$36.2 billion (US$4.6 billion) for 2023, nearly eight times better than 2022’s HK$4.7 billion.
Readers discuss the shortcomings of the 2024-25 budget, how housing affects the birth rate, and schools’ approach to discussion of sex and dating.
‘China faces considerable domestic challenges, from a sluggish property market to weak consumer sentiment, Wharf says. After a poor result in 2023, more time is needed to revive the property markets, it says.
The market will be keen to see how it prices its new project in Wong Chuk Hang, as this could give ‘direction’ to Hong Kong’s recovering housing sector, analysts said.
The number of events in the second half of 2023 hit 84 per cent of the pre-pandemic level and is on track to match it this year, top executive says.
Readers question the rationale behind the removal of stamp duties intended to cool the property market, and point to the benefits of the measure.
Hong Kong’s hotels are looking at sporting, arts, consumer and entertainment events in the year ahead to drive tourist flows into the city
Homebuyers flocked to a second round of sales at Henderson Land Development’s Belgravia Place project on Thursday amid expectations that first-hand sales are likely to hit a 40-month high in March.
Harbour City and Times Square owner’s full-year 2023 profit fell 3 per cent to US$767.3 million even as revenue jumped 7 per cent. The company hopes to overcome headwinds through promotional activities with the Hong Kong government.
The Hong Kong Monetary Authority has advised banks to take extra care when lending to property speculators, in an indirect attempt to clamp down on asset flipping a week after the city abandoned decade-old curbs for the real estate industry.
Goldin Financial Global Centre, the former headquarters of Chinese tycoon’s Goldin Financial Holdings in Kowloon Bay, has been renamed The Bay Hub.
City’s major public housing provider announces figure for last quarter of 2023 for families and elderly households.
Hong Kong’s largest developer by market capitalisation is being tipped by analysts to emerge as the ‘prime beneficiary’ of the city’s removal of all property cooling measures.
The removal of property curbs in the Hong Kong government’s budget announcement last week has generated a very encouraging response in the housing market.