Property

Hong Kong & China
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LUXE Homes
McDonald’s offloaded a retail property in excess of 10,000 sq ft in Causeway Bay. Photo: Handout

Business

Repeat buyer tucks into another McDonald’s Hong Kong shop for US$15.2 million

Evergreen Capital Partners added the Causeway Bay shop to its portfolio after acquiring two other outlets from the fast-food giant.

Hong Kong politician Bunny Chan buys Stanley homes for US$40 million

China Vanke offshore creditors face near wipeout in Barclays worst-case scenario

Companies

Hong Kong’s Sino Land and Great Eagle secure Kowloon site for US$206 million

Acquisition of 41,226 sq ft plot – which could yield 570 homes – reflects confidence in the property market’s recovery as sales rebound.

Sino Land says the site will benefit from an extensive transport network and strong connectivity to major commercial hubs. Photo: Jelly Tse
Sino Land says the site will benefit from an extensive transport network and strong connectivity to major commercial hubs. Photo: Jelly Tse

Banking & Finance

Hong Kong developers rush new flats as sentiment lifts, pressuring recovery

Wheelock and Kerry plan to roll out more than 4,500 units in 2026, even as analysts warn that inventory overhang may cap price gains.

China Business

Furniture retailer Ikea to close 7 stores in China amid property market slump

The firm plans to open more than 10 small-format outlets in key cities over a two-year period.

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Business

Morgan Stanley lifts Hong Kong property to ‘attractive’ as stars align

City’s home prices are expected to rise around 10 per cent in 2026, with an ongoing rebound heralding the start of a new upcycle.

Hong Kong’s property sector is at the beginning of an upcycle, with prices likely to trend higher this year, according to Morgan Stanley. Photo: Dickson Lee
Hong Kong’s property sector is at the beginning of an upcycle, with prices likely to trend higher this year, according to Morgan Stanley. Photo: Dickson Lee

Business

China’s developers diminish further amid unending property downturn

Only 10 developers manage to break US$14 billion in 2025 sales, down from 43 in 2020.

Business

Hong Kong home sales rise in December amid demand for affordable units

Overall residential transactions rose 5.3 per cent to 5,883 last month, but deal value fell nearly 1 per cent to US$6.6 billion.

Business

Hong Kong office leasing rebound lifts outlook for 2026, but rents still subdued

Hong Kong’s office sector showed muted signs of life in 2025, although stabilisation will be the dominant theme of 2026.

One Causeway Bay at Causeway Bay. Alibaba Group Holding and Ant Group agreed to pay US$925 million to buy the top floors in October. Photo: Jonathan Wong

Banking & Finance

Property industry an enemy within for Beijing’s economic targets

Ripple effect from further downturn would threaten economic growth and put more developers, workers and even banks at risk, analysts warn.

A man walks in front of residential buildings in Beijing on December 15, 2025. Photo: EPA
A man walks in front of residential buildings in Beijing on December 15, 2025. Photo: EPA

Hong Kong & China

Hong Kong property market hits 4-year high in 2025 as sales top US$79 billion

December was the 10th consecutive month where new home transactions exceeded 1,500, the first time the trend was seen in more than 21 years.

Business

Hong Kong mortgage recovery holds in 2025 despite end-of-year wobble

Hong Kong mortgage applications and approvals fell in November, but year-to-date volumes still point to a 2025 recovery.

Business

CityU joins ranks of schools snapping up Hong Kong offices

University buys four-storey office block in Kowloon Tong for US$252 million from Singapore-based Mapletree.

Festival Walk’s low-rise office building offers about 214,000 sq ft of space. Photo: Handout

Banking & Finance

Hong Kong interbank rates forecast to drop on expected 2026 US monetary easing

Savings rates near zero prevent further prime rate reductions, though Hibor-linked loans will get cheaper, analysts say.

Analysts agree that lower US rates in 2026 would drive down Hibor – benefiting borrowers with Hibor-linked mortgages and corporate loans. Photo: Shutterstock
Analysts agree that lower US rates in 2026 would drive down Hibor – benefiting borrowers with Hibor-linked mortgages and corporate loans. Photo: Shutterstock

China Business

Small restaurants in China starve as consumers suppress spending appetite

Per-capita spending per meal has dropped nearly 24 per cent since 2023, data provider says, as property slump sows uncertainty.

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Banking & Finance

China housing market gets VAT relief on resales but demand outlook stays subdued

Policy lowering VAT to 3 per cent reduces seller costs but demand recovery is key to stabilising the housing sector, property agents say.

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Spending

Why restaurants are replacing shops, changing Hong Kong’s retail landscape

The mix of tenants in malls and at street level is changing as restaurateurs pounce on slumping rents to expand, often taking the spaces left behind by retailers forced to leave during the pandemic.

illustratio by perry tse
illustratio by perry tse

Business

Magnate warns of tough times as Hang Lung kicks off results season

The comments by Chan showed how Hong Kong has been caught since 2019 by a series of turbulent events, including months of anti-government protests, US sanctions and a Covid-19 pandemic in its third year.

Business

Hong Kong, mainland cities worst performers in index tracking home rent growth

Upmarket home rents in Hong Kong and Shenzhen declined in the year’s first half, bucking the global trend of increases among 30 cities tracked by property consultancy Savills.

videocam

Business

Hong Kong’s Peak Lookout restaurant has rent halved as Covid wipes out tourism

The owners of the iconic Hong Kong restaurant, previously a huge draw for tourists with its prime location, are now paying less than half the monthly HK$230,000 (US$29,300) they were forking out on a lease signed pre-pandemic.

videocam
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With its red, pitched roof, it has the appearance of an old English country cottage, with stone walls, arched windows and a visible chimney. Photo: Dickson Lee
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OPINION
Nicholas Spiro

The View | Hong Kong commercial property mired in downturn as stock market booms

Nicholas Spiro
Nicholas Spiro

The View | Why Thai property investors can find reason for cheer in dismal 2025

Nicholas Spiro
Nicholas Spiro

The View | Why Japan’s hotel operators have nothing to fear from tourism backlash

Nicholas Spiro
Nicholas Spiro

The View | Critics of Singapore’s property cooling measures miss bigger picture

Nicholas Spiro
Ken Ip

Opinion | Help elderly Hongkongers free up prime housing for younger generations

Ken Ip
Nicholas Spiro

The View | Why Hong Kong’s commercial property market could do with some stress

Nicholas Spiro
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MULTIMEDIA
Video

Pony.ai set to further open China’s autonomous-driving frontier

Pony.ai
07:39
Video

What’s behind HSBC’s privatisation of Hang Seng Bank?

HAng Seng
04:37
Video

Taiwan firm creates clothing from banana waste

Banana
01:00
Video

Gold scams in China and changing global politics

Wire
08:22
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TRENDING TOPICS
Hong Kong housing
Explainers
Property policies
China home prices
Chinese offshore investment
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