The family of late “Shop King” Tang Shing-bor is raising HK$2.4 billion (US$310 million) by selling a hotel and a majority stake in an East Kowloon industrial building, continuing an asset selling campaign which began at the height of the Covid-19 pandemic in 2020.
Hong Kong’s ‘Shop King’ family continues asset selling spree with US$307 million sale
The family of late “Shop King” Tang Shing-bor is raising HK$2.4 billion (US$310 million) by selling a hotel and a majority stake in an East Kowloon industrial building, continuing an asset selling campaign which began at the height of the Covid-19 pandemic in 2020.
Hong Kong adjourns Evergrande’s liquidation hearing till January 29
Justice Linda Chan’s order came as a surprise as the judge had warned during the last hearing she was ‘highly likely’ to grant a winding-up order, if no restructuring plan was forthcoming by December 4.
Why easing of Shenzhen housing market policies may lift sentiment but is limited
Homebuyers in Shenzhen have shown interest in upgrading their homes after the local government eased some policy measures, but expectations of lower incomes amid slower economic growth mean that people are still hesitant about big-ticket purchases.
Hong Kong adjourns Evergrande’s liquidation hearing till January 29
Justice Linda Chan’s order came as a surprise as the judge had warned during the last hearing she was ‘highly likely’ to grant a winding-up order, if no restructuring plan was forthcoming by December 4.
Why easing of Shenzhen housing market policies may lift sentiment but is limited
Homebuyers in Shenzhen have shown interest in upgrading their homes after the local government eased some policy measures, but expectations of lower incomes amid slower economic growth mean that people are still hesitant about big-ticket purchases.
Homebuyers in Shenzhen have shown interest in upgrading their homes after the local government eased some policy measures, but expectations of lower incomes amid slower economic growth mean that people are still hesitant about big-ticket purchases.
Swire Properties touts luxury Jakarta project as foreign buyer curbs eased
Move by Jakarta to make it easier for foreigners to buy property in Southeast Asia’s largest economy is expected to boost sales for Swire Properties’ luxury joint venture project.
Move by Jakarta to make it easier for foreigners to buy property in Southeast Asia’s largest economy is expected to boost sales for Swire Properties’ luxury joint venture project.
Sun Hung Kai’s biggest weekend sale since 2022 pays off on back of strong demand
About 90 per cent of flats on offer this weekend at Yoho West, a joint project between SHKP and MTR Corp, are expected to be sold, according to agency estimates.
China Evergrande bondholder group says bankruptcy is ‘value destructive’
An ad hoc group of creditors of Evergrande’s offshore unit has said it supports the management’s efforts to keep the embattled Chinese developer operational, ahead of a key court decision on Monday when the distressed developer faces the risk of a liquidation order
Swire Properties touts luxury Jakarta project as foreign buyer curbs eased
Move by Jakarta to make it easier for foreigners to buy property in Southeast Asia’s largest economy is expected to boost sales for Swire Properties’ luxury joint venture project.
Sun Hung Kai’s biggest weekend sale since 2022 pays off on back of strong demand
About 90 per cent of flats on offer this weekend at Yoho West, a joint project between SHKP and MTR Corp, are expected to be sold, according to agency estimates.
China Evergrande bondholder group says bankruptcy is ‘value destructive’
An ad hoc group of creditors of Evergrande’s offshore unit has said it supports the management’s efforts to keep the embattled Chinese developer operational, ahead of a key court decision on Monday when the distressed developer faces the risk of a liquidation order
Hong Kong homeowners looking to sell have missed window as slump persists
Homeowners in Hong Kong looking to sell have missed the window for striking a favourable deal, analysts said, as they expect prices to continue to slump after touching the lowest level in five years.
Hongkongers snub new home sales in Yau Tong amid weakening real estate market
The Chill Residence development from Poly Property and L’Avenue International sold just 10 of 128 flats by Sunday afternoon.
The Chill Residence development from Poly Property and L’Avenue International sold just 10 of 128 flats by Sunday afternoon.
Hong Kong home price forecasts too bearish, JP Morgan says
Predictions of a 30 per cent drop in Hong Kong home prices by the end of 2023, notably by Goldman Sachs, are too pessimistic, according to JP Morgan.
Predictions of a 30 per cent drop in Hong Kong home prices by the end of 2023, notably by Goldman Sachs, are too pessimistic, according to JP Morgan.
Green buildings in Hong Kong command the highest rental premium in Asia: JLL
Grade A buildings in Hong Kong with green certification fetched rental premiums up to 28 per cent more because of limited supply, according to JLL’s Value of Sustainability report.
Grade A buildings in Hong Kong with green certification fetched rental premiums up to 28 per cent more because of limited supply, according to JLL’s Value of Sustainability report.
Hong Kong homeowners looking to sell have missed window as slump persists
Homeowners in Hong Kong looking to sell have missed the window for striking a favourable deal, analysts said, as they expect prices to continue to slump after touching the lowest level in five years.
Hongkongers snub new home sales in Yau Tong amid weakening real estate market
The Chill Residence development from Poly Property and L’Avenue International sold just 10 of 128 flats by Sunday afternoon.
The Chill Residence development from Poly Property and L’Avenue International sold just 10 of 128 flats by Sunday afternoon.
Hong Kong home price forecasts too bearish, JP Morgan says
Predictions of a 30 per cent drop in Hong Kong home prices by the end of 2023, notably by Goldman Sachs, are too pessimistic, according to JP Morgan.
Predictions of a 30 per cent drop in Hong Kong home prices by the end of 2023, notably by Goldman Sachs, are too pessimistic, according to JP Morgan.
Green buildings in Hong Kong command the highest rental premium in Asia: JLL
Grade A buildings in Hong Kong with green certification fetched rental premiums up to 28 per cent more because of limited supply, according to JLL’s Value of Sustainability report.
Grade A buildings in Hong Kong with green certification fetched rental premiums up to 28 per cent more because of limited supply, according to JLL’s Value of Sustainability report.
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Hong Kong home sales jump as impact of property easing measures filters through
Transactions for 2,767 new and lived-in homes were completed last month, a 22 per cent increase from October. But overall property deals are on track to end below the all-time low of 59,619 in 2022.
