https://www.scmp.com/rss/327822/feed en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com https://www.scmp.com/business/series/3321981/hong-kongs-commercial-property-crisis?utm_source=rss_feed https://www.scmp.com/business/series/3321981/hong-kongs-commercial-property-crisis?utm_source=rss_feed Fri, 15 Aug 2025 07:39:41 +0000 https://www.scmp.com/infographics/hong-kong/society/article/3182058/history-look-back-hong-kongs-land-sale-market?utm_source=rss_feed https://www.scmp.com/infographics/hong-kong/society/article/3182058/history-look-back-hong-kongs-land-sale-market?utm_source=rss_feed Mon, 20 Jun 2022 08:00:10 +0000 Hong Kong Island’s Southern district – home to popular coastal destinations such as Stanley, Repulse Bay and Aberdeen – is being transformed into a tourist haven as part of plans that will see the area become a major residential, cultural and commercial centre. The move, announced in the Hong Kong government’s “Invigorate Island South” initiative last year – will lead to new cultural facilities being created in Wong Chuk Hang and Aberdeen, with old, existing buildings revitalised for use by the... https://www.scmp.com/native/property/topics/big-plans-island-south/article/3146046/hong-kong-island-southside?utm_source=rss_feed https://www.scmp.com/native/property/topics/big-plans-island-south/article/3146046/hong-kong-island-southside?utm_source=rss_feed Thu, 26 Aug 2021 01:30:23 +0000 Known for its fine beaches and resort towns, Southern district on Hong Kong Island has long served as a popular destination for locals and tourists alike. From the buzzing street market in Stanley to the stunning coastal views of Cape D’Aguilar, Island South – as the district is also known – is home to luxury residential properties and some of the best known attractions in Hong Kong. The area has experienced a huge transformation since it was connected to the city’s MTR railway network in 2016.... https://www.scmp.com/native/property/topics/big-plans-island-south/article/3144089/6-things-about-hong-kong-southern-district?utm_source=rss_feed https://www.scmp.com/native/property/topics/big-plans-island-south/article/3144089/6-things-about-hong-kong-southern-district?utm_source=rss_feed Mon, 23 Aug 2021 03:20:13 +0000 A parking place in Hong Kong was just sold for nearly $1 million, making it the most expensive parking spot on earth.  The parking bay at The Center, a 73-story Hong Kong office tower that held the 2018 world record as the costliest commercial building ever sold, changed hands recently for HK$7.6 million ($969,000).  Johnny Cheung Shun-yee, one of the 10 investors in the consortium that paid $5.15 billion last year for The Center, told the South China Morning Post that he had sold the last of... https://www.scmp.com/business/hong-kong-now-has-worlds-most-expensive-parking-spot/article/3034173?utm_source=rss_feed https://www.scmp.com/business/hong-kong-now-has-worlds-most-expensive-parking-spot/article/3034173?utm_source=rss_feed Wed, 23 Oct 2019 11:37:42 +0000 21 years: how long a typical family in Hong Kong would have to save up – without spending a penny – to afford an average home in the city. Hong Kong has been ranked as the world’s least affordable housing market since 2010, according to a global study by Demographia. For the cost of a modest Hong Kong apartment – or a parking space in an exclusive neighborhood – you can buy a French château. The report found housing in Vancouver to be the second-least affordable, with median home prices costing... https://www.scmp.com/society/inkstone-index-hong-kongs-unaffordable-housing/article/3000738?utm_source=rss_feed https://www.scmp.com/society/inkstone-index-hong-kongs-unaffordable-housing/article/3000738?utm_source=rss_feed Fri, 08 Feb 2019 09:02:19 +0000