Positano is not the most luxurious mainland villa project that has been released for sale in Hong Kong, nor the most expensive. But it has captured the attention of local buyers because of its...
- Mon
- Mar 4, 2013
- Updated: 12:05am
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Developers who were overly optimistic about the future of the mainland property market and bought land at premium prices two years ago are now paying for their rosy outlook.
Several wary home owners aim to sell their flats and take whatever capital gains are available before chief executive-elect Leung Chun-ying takes office in July.
Beijing's liaison office in Hong Kong has bought 14 flats in Chai Wan for HK$63.43 million for use as staff quarters.
Many Hong Kong homebuyers are blinded to overpriced flats in new developments by the lure of grand clubhouse facilities, landscaped gardens, and luxury appliances, agents warn.
Shui On Land expects the business environment for mid- and small-sized developers to be challenging this year as cooling measures in the mainland property market continue to have an impact.
...After leasing an apartment in Taikoo Shing for six years, Elison Wong is looking to buy a flat before her lease is due for renewal in August.
With an eye on the rising spending power of China's middle class, international fast-fashion retailers are rushing to open stores there, particularly in second-tier cities.
Growth in the mainland residential property market is slowing as government cooling measures are starting to have an impact, with residential sales rising 10.2 per cent last year, the slowest in...
Developers may put the sale of new projects on hold to gauge market sentiment after the announcement last week of new measures to curb speculation in the property market, some agents say....
The tender for the two small residential sites in Hung Hom received a total of 20 bids yesterday, showing developers' hunger for land even though the sites are small and in an unfashionable area...
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