Worried homebuyers stay on sidelines

The euro-zone crisis, volatile markets and slowing mainland growth are taking a toll on the property market in Hong Kong.

Thursday, 5 July, 2012, 12:00am

Ex-Midland chief denies playing role in protest

Midland Holdings' former deputy chairman has denied market speculation that he orchestrated a protest in February by hundreds of property agents who demanded full payment of their commissions.

Albert Wong Kam-hong says he was then taking care of his dying son at a hospital.

'The accusation is unfounded and defamatory,' Wong said.

4 May 2012 - 12:00am

Wheelock cuts Kennedy Town prices

Wheelock Properties will offer partly built luxury flats in a block in Western district at prices up to 30 per cent below those in the secondary market in an attempt lure purchasers despite weakening buyer interest and falling transactions.

15 Feb 2012 - 12:00am

HK homebuyers beat mainlanders to discounts

The proportion of new small and medium-sized homes in Hong Kong bought by mainlanders dropped 11 percentage points in the last quarter of 2011 as developers offered discounts to draw more Hong Kong home seekers into the market, a survey conducted by Centaline Property Agency shows.

8 Feb 2012 - 12:00am

Developer taps HK market - for a price

Small mainland developer Kai Shi China, which owns two residential projects near Dalian, is tapping the Hong Kong equity market as it battles rising interest rates and tightening credit conditions in its home market.

30 Dec 2011 - 12:00am

Country Garden interim profits jump by 62pc

Hong Kong-listed Country Garden Holdings, which reported a more than 62 per cent jump in interim profits yesterday, said it would speed up buying of land since government moves to cool the property market would create more acquisition opportunities.

17 Aug 2011 - 12:00am

Getting a foot in the door tougher

For many young couples, the dream of owning a new one-bedroom flat in an urban area appears to be growing more distant than ever - even though the government has warned it would impose more measures to rein in soaring prices if necessary.

25 May 2011 - 12:00am