https://www.scmp.com/rss/45634/feed Henderson Land Development Co. Ltd. (HK stock code 0012) is a Hong Kong-based property company and constituent of the benchmark Hang Seng Index. Henderson Land focuses on property development and investment, project management, construction, hotel operation, department store operation, finance, investment holding and infrastructure. en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com Cheryl Arcibal Cheryl Arcibal Hong Kong developers are preparing to launch nearly 1,300 units in the coming days and weeks, with some edging up prices amid improving homebuying sentiment. On Sunday, 261 units at La Mirabelle I will be released, with average prices ranging from HK$15,335 (US$1,958) to HK$19,613 per square foot after discounts of up to 15 per cent, according to Sino Land, one of the project’s developers. The pricing marks a 1 per cent increase on the previous batch, which Sino said reflected the quality of the... https://www.scmp.com/business/article/3349556/hong-kong-developers-roll-out-1300-homes-prices-edge-firmer-demand?utm_source=rss_feed https://www.scmp.com/business/article/3349556/hong-kong-developers-roll-out-1300-homes-prices-edge-firmer-demand?utm_source=rss_feed Thu, 09 Apr 2026 23:00:09 +0000 Cheryl Arcibal Cheryl Arcibal Hong Kong homebuyers flocked to the second round of new flat sales at the La Mirabelle I project in Tseung Kwan O on Tuesday, underscoring continuing demand for property amid escalating tensions in the Middle East. Of the 168 units offered via a price list, 152 had been sold as of 6.40pm, according to Sino Land. A further 86 flats were made available by tender. Sino is one of the project’s co-developers. The launch generated more than HK$1.1 billion (US$140 million) in revenue, the developer... https://www.scmp.com/business/article/3349223/hong-kong-property-launch-sees-brisk-sales-buyers-unfazed-trumps-iran-warning?utm_source=rss_feed https://www.scmp.com/business/article/3349223/hong-kong-property-launch-sees-brisk-sales-buyers-unfazed-trumps-iran-warning?utm_source=rss_feed Tue, 07 Apr 2026 05:26:19 +0000 Cheryl Arcibal Cheryl Arcibal Hong Kong developers are raising prices of new homes this week following sold-out launches in recent days, further testing the appetite of homebuyers amid geopolitical and interest rate uncertainties. Henderson Land Development put another 39 units at its Chester project in Hung Hom on sale on Monday, with 25 homes finding buyers, according to agents. With an average discounted price of HK$22,198 (US$2,831) per square foot, the units were priced 4.57 per cent higher than the 123 units that sold... https://www.scmp.com/business/article/3349172/hong-kong-developers-test-homebuyers-modest-price-increases-after-sell-outs?utm_source=rss_feed https://www.scmp.com/business/article/3349172/hong-kong-developers-test-homebuyers-modest-price-increases-after-sell-outs?utm_source=rss_feed Mon, 06 Apr 2026 10:30:44 +0000 Cheryl Arcibal Cheryl Arcibal Hong Kong homebuyers snapped up new launches on Tuesday as developers accelerated sales amid concerns over slower rate cuts and geopolitical tensions in the Middle East. By about 3.50pm, all 254 flats released at the La Mirabelle project in Tseung Kwan O had been sold, according to market agents. “Today’s positive sales results at La Mirabelle is a vote of confidence for the Hong Kong residential market,” said Daryl Ng, chairman of Sino Group. “The Hong Kong residential market fundamentals are... https://www.scmp.com/business/article/3348547/hong-kong-homebuyers-pile-new-launches-despite-rate-jitters-and-middle-east-tensions?utm_source=rss_feed https://www.scmp.com/business/article/3348547/hong-kong-homebuyers-pile-new-launches-despite-rate-jitters-and-middle-east-tensions?utm_source=rss_feed Tue, 31 Mar 2026 09:49:52 +0000 Andrea Lo Andrea Lo Step away from the high-rise blur of Central and Hong Kong Island life loosens its tie a little. The energy shifts as the city skyline gives way to sea views, hills and even stillness in some places. Perennially coveted, Mid-Levels remains one of Hong Kong’s most prestigious addresses. Elevated both literally and symbolically, it offers some of the city’s most dramatic vistas, as well as urban seclusion. Completed in 2025, The Legacy at 8 Castle Road, developed by Henderson Land, is a notable... https://www.scmp.com/directories/luxe-homes/article/3348347/hong-kongs-luxury-living-evolution-mid-levels-chai-wan?utm_source=rss_feed https://www.scmp.com/directories/luxe-homes/article/3348347/hong-kongs-luxury-living-evolution-mid-levels-chai-wan?utm_source=rss_feed Tue, 31 Mar 2026 09:00:08 +0000 Daniel Ren Daniel Ren EnerVenue – a rechargeable battery start-up co-founded by Full Vision Capital, the family office of Hong Kong tycoon Peter Lee Ka-kit – has raised US$300 million in its latest round of financing and appointed a new CEO to accelerate the large-scale industrial deployment of its cutting-edge energy storage technology. The California-based company – which also counts government-backed Hong Kong Investment Corporation (HKIC) as an investor – said it would set up a regional headquarters in the city... https://www.scmp.com/business/banking-finance/article/3348514/enervenue-plugs-us300-million-scale-next-gen-batteries-it-eyes-hong-kong-hub?utm_source=rss_feed https://www.scmp.com/business/banking-finance/article/3348514/enervenue-plugs-us300-million-scale-next-gen-batteries-it-eyes-hong-kong-hub?utm_source=rss_feed Tue, 31 Mar 2026 07:39:41 +0000 Julie Zhang Julie Zhang Homebuyers continued to signal confidence in Hong Kong’s residential market on Saturday, brushing off global economic risks tied to the Middle East conflict and expectations of slower interest rate cuts, as a new project by Henderson Land Development sold out within hours. All 123 units at Chester, the fifth phase of the Midtown South redevelopment in Hung Hom, were snapped up, according to property agents. “About 60 per cent of buyers are end users while about 40 per cent are investors and... https://www.scmp.com/business/companies/article/3348249/hung-hom-flats-sell-out-hong-kong-homebuyers-brush-aside-middle-east-risks?utm_source=rss_feed https://www.scmp.com/business/companies/article/3348249/hung-hom-flats-sell-out-hong-kong-homebuyers-brush-aside-middle-east-risks?utm_source=rss_feed Sat, 28 Mar 2026 09:40:15 +0000 Cheryl Arcibal Cheryl Arcibal Hong Kong developers on Friday released 222 new flats in Kowloon, the city’s largest batch of units on a single day since buyers were warned about the uncertain direction of interest rates. K&K Property launched 122 one-bedroom units at foto+, a single residential tower in Mong Kok close to Olympic station, while Wang On Properties put 100 units up for sale at the Connext project in Wong Tai Sin. By 7pm Friday, 103 of the foto+ units had found buyers. Sales at Connext, meanwhile, kicked off at... https://www.scmp.com/business/article/3348175/hong-kong-developers-test-market-222-units-released-amid-interest-rate-uncertainty?utm_source=rss_feed https://www.scmp.com/business/article/3348175/hong-kong-developers-test-market-222-units-released-amid-interest-rate-uncertainty?utm_source=rss_feed Fri, 27 Mar 2026 11:30:11 +0000 Peggy Ye Peggy Ye Major Hong Kong developers Henderson Land Development and Kerry Properties both reported mixed 2025 results, with stronger home sales partly offsetting softer rental income and a subdued commercial property market. The earnings underscored how the city’s developers are shifting focus towards projects that can still generate cash flow, mainly high-end housing in Hong Kong and top-tier mainland cities, while waiting for offices and retail to recover. Recent geopolitical tensions, including the... https://www.scmp.com/business/companies/article/3347616/hong-kongs-henderson-land-trims-dividend-iran-clouds-outlook-china-slump-lingers?utm_source=rss_feed https://www.scmp.com/business/companies/article/3347616/hong-kongs-henderson-land-trims-dividend-iran-clouds-outlook-china-slump-lingers?utm_source=rss_feed Mon, 23 Mar 2026 11:51:28 +0000 Ambrose Li Ambrose Li With two weeks of Hong Kong’s art month remaining, the city will continue to host a rich array of events, from a pop culture convention to a slew of exhibitions. The South China Morning Post highlights some of the shows taking place in the rest of March. From ComplexCon to classical concerts Pop culture festival ComplexCon will return to Hong Kong for its third edition on March 21 and 22, with headliners including Jennie from K-pop powerhouse Blackpink and American rapper Yeat, making his Asian... https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3346632/blackpinks-jennie-art-basel-cj-hendry-top-hong-kong-events-catch-march?utm_source=rss_feed https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3346632/blackpinks-jennie-art-basel-cj-hendry-top-hong-kong-events-catch-march?utm_source=rss_feed Sun, 15 Mar 2026 05:00:09 +0000 Cheryl Arcibal Cheryl Arcibal May Chan is looking for a home that she can call her own. The freelancer wants to buy a flat, but high mortgage rates as well as uncertainty in the property market kept her from taking the plunge. “I would like to buy a flat, if I can afford it,” she said. “It would certainly help if there are discounts.” Now that mortgage rates have stabilised and there is less uncertainty about property prices, she hopes to find a reasonably priced home. With Hong Kong’s residential property market stabilising... https://www.scmp.com/business/article/3344098/hong-kong-homebuyers-face-dwindling-discounts-property-market-stabilises?utm_source=rss_feed https://www.scmp.com/business/article/3344098/hong-kong-homebuyers-face-dwindling-discounts-property-market-stabilises?utm_source=rss_feed Mon, 23 Feb 2026 01:30:13 +0000 Theodora Yu,Connor Mycroft Theodora Yu,Connor Mycroft The pedestrian footbridge linking Hong Kong’s Central Pier with the International Financial Centre (IFC) will be demolished and replaced by a temporary one, with Wednesday marking its last day open to the public. A new temporary passageway, located near the current footbridge, will be open for use on Thursday, according to Henderson Land Development. On Wednesday, some residents came to take a final look at the old bridge before its closure. Lukas Mok, 25, was among those snapping photos to... https://www.scmp.com/news/hong-kong/society/article/3343929/footbridge-linking-hong-kongs-central-pier-ifc-close-demolition?utm_source=rss_feed https://www.scmp.com/news/hong-kong/society/article/3343929/footbridge-linking-hong-kongs-central-pier-ifc-close-demolition?utm_source=rss_feed Wed, 18 Feb 2026 12:01:53 +0000 Fiona Chow,Brian Wong Fiona Chow,Brian Wong Martin Lee Ka-shing, chairman of Hong Kong’s Henderson Land Development, has taken an actress to court over allegedly defamatory remarks that suggested they had an illicit relationship, while also seeking damages from US tech giant Google and five YouTube channels for failing to remove “false” content. The 54-year-old business mogul on Friday sued Chrissie Chau Sau-na in the High Court for allegedly spreading baseless and malicious rumours about their “relationship” for personal fame. “Over the... https://www.scmp.com/news/hong-kong/law-and-crime/article/3343478/henderson-lands-martin-lee-sues-actress-chrissie-chau-defamation?utm_source=rss_feed https://www.scmp.com/news/hong-kong/law-and-crime/article/3343478/henderson-lands-martin-lee-sues-actress-chrissie-chau-defamation?utm_source=rss_feed Fri, 13 Feb 2026 08:53:38 +0000 Cheryl Arcibal Cheryl Arcibal Tycoon Li Ka-shing has added more than US$6 billion to his net worth, boosting his standing as Hong Kong’s richest individual and contributing to a US$65 billion increase in the assets of the city’s 50 richest people, according to Forbes. Li, whose business interests span real estate, infrastructure and pharmaceuticals via companies such as CK Asset Holdings and CK Hutchison, had a net worth of US$45.1 billion this year, up from US$38.9 billion in 2025, according to a list compiled by the... https://www.scmp.com/business/companies/article/3343353/superman-li-ka-shing-tops-hong-kongs-billionaire-list-us451-billion-forbes?utm_source=rss_feed https://www.scmp.com/business/companies/article/3343353/superman-li-ka-shing-tops-hong-kongs-billionaire-list-us451-billion-forbes?utm_source=rss_feed Thu, 12 Feb 2026 11:52:11 +0000 Cheryl Arcibal Cheryl Arcibal Hong Kong-listed mainland Chinese developer China Overseas Land & Investment won a bid for a 3,132-square-metre (33,712 sq ft) residential plot in Kowloon East, beating some of the city’s largest developers with a higher-than-expected tender. The state-backed developer beat eight rivals to secure a 50-year grant for the parcel in Ngau Tau Kok with its bid of HK$1.8 billion (US$230 million), according to a statement from the Lands Department on Tuesday. The site is expected to yield 470... https://www.scmp.com/business/article/3343088/hong-kong-residential-plot-fetches-us230-million-chinese-developer-outbids-city-rivals?utm_source=rss_feed https://www.scmp.com/business/article/3343088/hong-kong-residential-plot-fetches-us230-million-chinese-developer-outbids-city-rivals?utm_source=rss_feed Tue, 10 Feb 2026 12:34:34 +0000 Cheryl Arcibal Cheryl Arcibal Hong Kong’s tender for a 3,132 square metre (33,712 sq ft) residential plot in Ngau Tau Kok, Kowloon East, has drawn nine bids, according to the Development Bureau. The site was estimated to be worth as much as HK$1.55 billion (US$198 million), according to real estate services provider CBRE. Sun Hung Kai Properties, Henderson Land Development and CK Asset Holdings submitted bids individually, while Sino Land and Great Eagle Holdings made a joint offer, the groups confirmed separately on... https://www.scmp.com/business/article/3342684/kowloon-east-site-attracts-nine-bids-hong-kong-housing-outlook-brightens?utm_source=rss_feed https://www.scmp.com/business/article/3342684/kowloon-east-site-attracts-nine-bids-hong-kong-housing-outlook-brightens?utm_source=rss_feed Fri, 06 Feb 2026 10:40:34 +0000 Denise Tsang Denise Tsang When Kevin Ng Shu-keung inspected the mock-up of a curved glass panel in 2019 to be mass-produced for the facade of The Henderson, a grade A commercial tower in Hong Kong, he was shocked to discover its flaws. The geometrically complex glass panels had never been used in Hong Kong before and his team had to put them through rounds of tests and trials at a residential construction site in Sham Shui Po, said Ng, senior deputy general manager of project management at property giant Henderson... https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3341155/henderson-among-3-buildings-hong-kong-win-major-design-awards?utm_source=rss_feed https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3341155/henderson-among-3-buildings-hong-kong-win-major-design-awards?utm_source=rss_feed Sun, 25 Jan 2026 07:49:39 +0000 Cheryl Arcibal Cheryl Arcibal The newest landmark office tower in Hong Kong’s main business zone is nearing full occupancy a year and a half after it welcomed its first tenants, suggesting improving fortunes in the city’s office property segment. The Henderson – the prime commercial development and namesake tower for one of Hong Kong’s largest developers – reached 90 per cent occupancy recently, Henderson Land said on Friday. The 36-storey building in Central counts among its tenants auction house Christie’s, alternative... https://www.scmp.com/business/article/3340209/hong-kongs-latest-office-landmark-nearly-full-segment-upturn-simmers?utm_source=rss_feed https://www.scmp.com/business/article/3340209/hong-kongs-latest-office-landmark-nearly-full-segment-upturn-simmers?utm_source=rss_feed Fri, 16 Jan 2026 12:30:15 +0000 Peggy Sito Peggy Sito A joint venture between Sino Land and Great Eagle Holdings has won a government residential site tender in Kowloon for HK$1.61 billion (US$206 million), outbidding major Hong Kong developers as the city’s housing market shows signs of stabilising. The purchase of the 41,226 sq ft site, which could yield 570 units, underscored the company’s confidence in the long-term development prospects of Hong Kong, according to Sino Land. Sino Land owns 85 per cent of the joint venture, while Great Eagle... https://www.scmp.com/business/companies/article/3339090/hong-kongs-sino-land-and-great-eagle-secure-kowloon-site-us206-million?utm_source=rss_feed https://www.scmp.com/business/companies/article/3339090/hong-kongs-sino-land-and-great-eagle-secure-kowloon-site-us206-million?utm_source=rss_feed Wed, 07 Jan 2026 13:49:22 +0000 Peggy Ye Peggy Ye Morgan Stanley upgraded Hong Kong’s property sector to “attractive”, noting that an all-round improvement in the city’s economy and a policy-driven recovery will continue to push prices higher this year. The US investment bank forecast home prices to rise around 10 per cent in 2026, with further gains expected in 2027, pointing out that the ongoing rebound marks the start of a new upcycle. “We expect all three sub-segments – Hong Kong residential prices, Central office rents and retail rents –... https://www.scmp.com/business/article/3338864/morgan-stanley-lifts-hong-kong-property-attractive-rebound-extend-2027?utm_source=rss_feed https://www.scmp.com/business/article/3338864/morgan-stanley-lifts-hong-kong-property-attractive-rebound-extend-2027?utm_source=rss_feed Tue, 06 Jan 2026 09:28:15 +0000 Edith Lin,Jess Ma Edith Lin,Jess Ma Hong Kong police have arrested two directors and a staff member from a company suspected of using surveying equipment with forged certificates in at least two redevelopment projects and a public hospital expansion, the Post has learned. The arrests, involving acoustic and environmental services consultant Novox, were made on Tuesday. The Urban Renewal Authority (URA) said that Novox provided surveying devices to four of its projects in To Kwa Wan, with two confirming the use of equipment with... https://www.scmp.com/news/hong-kong/society/article/3337525/3-arrested-over-use-fake-surveying-equipment-certificates-hong-kong-projects?utm_source=rss_feed https://www.scmp.com/news/hong-kong/society/article/3337525/3-arrested-over-use-fake-surveying-equipment-certificates-hong-kong-projects?utm_source=rss_feed Tue, 23 Dec 2025 11:27:24 +0000 Peggy Ye Peggy Ye A top executive of a multinational logistics group has bought a luxury flat in Hong Kong’s Mid-Levels West for HK$132 million (US$16.9 million), adding to a growing list of wealthy buyers acquiring high-end homes as prices soften. Cherry Hill Investment, an entity linked to Arnold Lee, acquired the 2,772 sq ft, four-bedroom apartment at The Legacy, jointly developed by Henderson Land Development and New World Development, according to Land Registry records. The transaction was completed on... https://www.scmp.com/business/article/3336885/hong-kong-logistics-groups-ceo-buys-us17-million-home-wealthy-accumulate-assets?utm_source=rss_feed https://www.scmp.com/business/article/3336885/hong-kong-logistics-groups-ceo-buys-us17-million-home-wealthy-accumulate-assets?utm_source=rss_feed Thu, 18 Dec 2025 07:13:28 +0000 Oscar Liu Oscar Liu Hong Kong’s property tycoons made high-profile appearances to cast their ballots during Sunday’s Legislative Council election and urged the public to fulfil their civic duty. Sun Hung Kai Properties (SHKP) chairman and managing director Raymond Kwok Ping-luen voted at the Wong Chuk Hang Sports Centre in Aberdeen on Sunday morning. SHKP said it had introduced several measures to encourage its staff and the public to fulfil their civic duty by voting to elect capable candidates. The Legco poll,... https://www.scmp.com/news/hong-kong/politics/article/3335526/hong-kong-property-tycoons-turn-heads-poll-urge-voters-fulfil-civic-duty?utm_source=rss_feed https://www.scmp.com/news/hong-kong/politics/article/3335526/hong-kong-property-tycoons-turn-heads-poll-urge-voters-fulfil-civic-duty?utm_source=rss_feed Sun, 07 Dec 2025 14:22:26 +0000 Lo Hoi-ying,Olga Wong Lo Hoi-ying,Olga Wong Major Hong Kong developers are considering a blanket ban on smoking by workers at construction sites following a blaze in Tai Po that killed 159, with at least two companies already demanding all their contractors impose the rule or step up penalties. The Real Estate Developers Association told the Post on Friday that it was gathering views on the proposed smoking ban from its members, including major developers such as Sino Land, Swire Properties, Sun Hung Kai Properties and New World... https://www.scmp.com/news/hong-kong/society/article/3335294/hong-kong-developers-push-blanket-smoking-ban-construction-sites-after-deadly-fire?utm_source=rss_feed https://www.scmp.com/news/hong-kong/society/article/3335294/hong-kong-developers-push-blanket-smoking-ban-construction-sites-after-deadly-fire?utm_source=rss_feed Fri, 05 Dec 2025 04:58:10 +0000 Cheryl Arcibal Cheryl Arcibal Prime office rents in Hong Kong’s Central business district rose modestly in November – the first time in three and a half years – on the back of an overall improvement in vacancy rates, which helped buttress the negotiating stance of landlords, according to property consultancy JLL. Rents in Central inched up 0.1 per cent to HK$72.90 (US$9.36) per square foot from October, as the number of empty offices decreased slightly to 13.1 per cent from 13.4 per cent, JLL said. The last time that rents... https://www.scmp.com/business/companies/article/3333986/hong-kongs-central-prime-office-rents-rise-first-time-more-3-years?utm_source=rss_feed https://www.scmp.com/business/companies/article/3333986/hong-kongs-central-prime-office-rents-rise-first-time-more-3-years?utm_source=rss_feed Mon, 24 Nov 2025 22:30:09 +0000 Cheryl Arcibal Cheryl Arcibal Henderson Land Development has unveiled Central Yards, a 1.6 million sq ft mixed-use project taking shape on Hong Kong’s most expensive piece of prime real estate and a key component of the developer’s HK$63 billion (US$8 billion) New Central Harbourfront project. The nine-storey building in Central, which would offer more than 700,000 sq ft of office and ancillary space, would have the largest floorplate in the city’s main business district, Henderson said in a statement on Tuesday. Five of the... https://www.scmp.com/business/article/3333346/henderson-unveils-central-yards-centrepiece-its-us8-billion-harbourfront-project?utm_source=rss_feed https://www.scmp.com/business/article/3333346/henderson-unveils-central-yards-centrepiece-its-us8-billion-harbourfront-project?utm_source=rss_feed Wed, 19 Nov 2025 04:37:05 +0000 Cheryl Arcibal Cheryl Arcibal Chinachem Group has secured a 70,127 sq ft site in Tsuen Wan in the New Territories for more than HK$2.47 billion (US$318 million), beating eight other bidders, according to the Lands Department. The other bidders were Sun Hung Kai Properties, CK Asset Holdings, Henderson Land Development, Great Eagle Holdings, China Overseas Land & Investment, K. Wah International Holdings, Wheelock Properties and a consortium of Sino Land, Kerry Properties and China Merchants Land. The award gives Chinachem –... https://www.scmp.com/business/article/3333300/chinachem-secures-plot-hong-kongs-tsuen-wan-us318-million?utm_source=rss_feed https://www.scmp.com/business/article/3333300/chinachem-secures-plot-hong-kongs-tsuen-wan-us318-million?utm_source=rss_feed Tue, 18 Nov 2025 13:33:34 +0000 Cheryl Arcibal Cheryl Arcibal Nine groups, including some of Hong Kong’s largest developers – Sun Hung Kai Properties (SHKP), CK Asset Holdings, Henderson Land and Chinachem Group – have submitted offers for a 70,127 sq ft parcel in Tsuen Wan in the New Territories. The Lands Department received the bids by noon on Friday, the deadline for the tender that began on September 26, according to a spokeswoman, who did not provide further details. The developers confirmed their participation in the tender to the Post. The site at... https://www.scmp.com/business/article/3332837/hong-kongs-top-developers-vie-rare-tsuen-wan-site-test-land-market-rebound?utm_source=rss_feed https://www.scmp.com/business/article/3332837/hong-kongs-top-developers-vie-rare-tsuen-wan-site-test-land-market-rebound?utm_source=rss_feed Fri, 14 Nov 2025 10:44:36 +0000 Willa Wu,Leopold Chen Willa Wu,Leopold Chen Hong Kong’s No 2 official has said that debate is welcome at government-run Legislative Council election forums, defending the events as he encouraged candidates to express opposing views without resorting to smears against one another. Chief Secretary Eric Chan Kwok-ki made the remarks as the two government-organised forums held on Friday matched the tone of events from earlier this week, with only minor clashes being seen among candidates. He was defending the administration’s “peaceful”... https://www.scmp.com/news/hong-kong/politics/article/3332754/debates-welcomed-legco-election-forums-no-mudslinging-back-stabbing?utm_source=rss_feed https://www.scmp.com/news/hong-kong/politics/article/3332754/debates-welcomed-legco-election-forums-no-mudslinging-back-stabbing?utm_source=rss_feed Fri, 14 Nov 2025 04:52:29 +0000 Salina Li Salina Li Charles Tong Chi-kar, the vice-chairman and executive director of Tomson Group, has bought a HK$112 million (US$14.4 million) home in Mid-Levels West, joining a growing number of affluent buyers who are increasingly confident in Hong Kong’s residential market. Sold for HK$48,060 per square foot, the 2,335 sq ft four-bedroom unit at The Legacy, developed by Henderson Land, was handed over to Tong on Monday, according to the Land Registry. Tomson Group, known for its luxurious Tomson Riviera... https://www.scmp.com/business/companies/article/3332446/tomson-groups-charles-tong-buys-us144-million-hong-kong-home-amid-luxury-market-surge?utm_source=rss_feed https://www.scmp.com/business/companies/article/3332446/tomson-groups-charles-tong-buys-us144-million-hong-kong-home-amid-luxury-market-surge?utm_source=rss_feed Wed, 12 Nov 2025 06:30:44 +0000 Matthew Cheng,Willa Wu Matthew Cheng,Willa Wu The coming Legislative Council election has thrown up some unexpected links, with several Hong Kong tycoons nominating candidates who are non-core establishment or union representatives, who in turn have backed the real estate sector. A check of nomination forms submitted by all 161 Legco hopefuls found that top figures from major developers had taken different approaches in naming aspirants running in the December 7 poll, the second under Beijing’s “patriots-only” electoral overhaul. New World... https://www.scmp.com/news/hong-kong/politics/article/3332002/surprises-hong-kong-legco-election-nominations-tycoons-back-unions?utm_source=rss_feed https://www.scmp.com/news/hong-kong/politics/article/3332002/surprises-hong-kong-legco-election-nominations-tycoons-back-unions?utm_source=rss_feed Fri, 07 Nov 2025 15:41:58 +0000 Edith Lin,Wynna Wong,Jiang Chuqin,Mike Chan Edith Lin,Wynna Wong,Jiang Chuqin,Mike Chan Hong Kong joined Macau and two Guangdong cities on Sunday in marking the run-up to the National Games with torch relays featuring top athletes, business leaders and community members, as a minister revealed that about a third of local event tickets had been sold. The relays started in the morning in Hong Kong, Macau, Shenzhen and Guangzhou, with acting chief executive Eric Chan Kwok-ki describing the local section as a “city parade” involving 50 torch-bearers passing landmarks and modern sports... https://www.scmp.com/news/hong-kong/society/article/3331240/hong-kong-joins-sister-cities-taking-torch-national-games-relay-events?utm_source=rss_feed https://www.scmp.com/news/hong-kong/society/article/3331240/hong-kong-joins-sister-cities-taking-torch-national-games-relay-events?utm_source=rss_feed Sun, 02 Nov 2025 11:45:07 +0000 Jess Ma,Denise Tsang Jess Ma,Denise Tsang Top corporate leaders, athletes and members of ethnic minority groups are among the 62 people set to take part in the Hong Kong segment of the National Games torch relay, the Post has learned. From tycoon heirs such as Sino Group chairman Daryl Ng Win Kong, Henderson Land Development chairman Martin Lee Ka-shing, Sun Hung Kai Properties executive director Adam Kwok Kai-fai and Chow Tai Fook Jewellery Group vice-chairwoman Sonia Cheng Chi-man to youth representatives, the city’s list of... https://www.scmp.com/news/hong-kong/society/article/3331156/businessmen-athletes-and-ethnic-minorities-unite-hong-kong-national-games-torch-relay?utm_source=rss_feed https://www.scmp.com/news/hong-kong/society/article/3331156/businessmen-athletes-and-ethnic-minorities-unite-hong-kong-national-games-torch-relay?utm_source=rss_feed Sat, 01 Nov 2025 04:56:15 +0000 Cao Li Cao Li The daughter of prominent Hong Kong businessman Peter Law Kin-sang has bought a luxury flat in Mid-Levels West following his sale of a Peak mansion in the city’s most expensive property transaction this year. Winnie Law Wing-yin acquired a 4,710 sq ft (438 square metres) flat in tower two, phase one of The Legacy for HK$355 million (US$45.7 million), according to Land Registry records. The transaction was completed on Tuesday. The luxury project at 8 Castle Road was jointly developed by... https://www.scmp.com/business/money/article/3330964/businessman-peter-laws-daughter-buys-us46-million-flat-after-record-peak-mansion-sale?utm_source=rss_feed https://www.scmp.com/business/money/article/3330964/businessman-peter-laws-daughter-buys-us46-million-flat-after-record-peak-mansion-sale?utm_source=rss_feed Fri, 31 Oct 2025 00:30:14 +0000 Matthew Cheng Matthew Cheng An executive director of leading Hong Kong property developer Henderson Land has declared his intention to run in the coming Legislative Council election, brushing aside concerns about potential conflicts of interest. Another 33 hopefuls signed up for the Legco race on Thursday, bringing the total to 109 candidates, including Augustine Wong Ho-ming, who is vying for the seat representing the real estate and construction functional constituency. Wong was accompanied by Stewart Leung Chi-kin,... https://www.scmp.com/news/hong-kong/politics/article/3330859/henderson-land-executive-director-launches-bid-hong-kongs-legco?utm_source=rss_feed https://www.scmp.com/news/hong-kong/politics/article/3330859/henderson-land-executive-director-launches-bid-hong-kongs-legco?utm_source=rss_feed Thu, 30 Oct 2025 05:57:18 +0000 Salina Li Salina Li Brisk transactions in Hong Kong’s primary residential market continued apace, with two projects recording robust sales over the weekend. Buyers had acquired 74 of the 138 units on Sunday at the 680-unit Grand Mayfair III on 29 Kam Tin Road in the New Territories in the second round of the project’s sales on Sunday, according to agents. The project, jointly developed by Sino Land, K Wah International, China Overseas Land and Investment and MTR Corp, sold all 138 units in the first round on... https://www.scmp.com/business/article/3330362/hong-kong-property-grand-mayfair-iii-and-woodis-see-brisk-sales-market-picks?utm_source=rss_feed https://www.scmp.com/business/article/3330362/hong-kong-property-grand-mayfair-iii-and-woodis-see-brisk-sales-market-picks?utm_source=rss_feed Sun, 26 Oct 2025 08:45:15 +0000 Brian Wong Brian Wong Five residents who are among the last seven refusing to leave an ageing private housing estate in Hong Kong have lost a legal bid against their evictions, after a judge found they had never enjoyed a permanent right to property at the city’s only privately owned low-rent development. The District Court on Thursday handed down the first judgment of two civil trials implicating a total of seven Tai Hang Sai Estate tenants, who refused to move out of the Shek Kip Mei compound and give way for its... https://www.scmp.com/news/hong-kong/law-and-crime/article/3330113/5-tenants-lose-bid-block-eviction-old-hong-kong-estate-set-redevelopment?utm_source=rss_feed https://www.scmp.com/news/hong-kong/law-and-crime/article/3330113/5-tenants-lose-bid-block-eviction-old-hong-kong-estate-set-redevelopment?utm_source=rss_feed Thu, 23 Oct 2025 14:13:46 +0000 Salina Li,Daniel Ren Salina Li,Daniel Ren Hong Kong homebuyers snapped up new flats at a Henderson Land project in Wan Chai in the latest sign of a real-estate market recovery. By early evening on Saturday, all 75 units on offer at the Woodis residential development on Wood Road were sold out, according to property agents. The buying spree aligns with market expectations, following Henderson’s decision to price the units competitively with neighbouring flats in the secondary market. The average discounted price was set at HK$23,224... https://www.scmp.com/business/companies/article/3329524/hong-kong-homebuyers-flock-henderson-land-project-wan-chai?utm_source=rss_feed https://www.scmp.com/business/companies/article/3329524/hong-kong-homebuyers-flock-henderson-land-project-wan-chai?utm_source=rss_feed Sat, 18 Oct 2025 11:33:51 +0000 Salina Li Salina Li Hong Kong’s largest flex-office provider, International Workplace Group (IWG), has opened a new 10-storey facility in Central, as the rise in stock market confidence and listing activities supported the recovery in the city’s office market, according to property consultants. IWG on Wednesday opened the company’s 22nd workspace location in Hong Kong at The Voeux, located at 102-104 Des Voeux Road, which offers more than 6,400 square feet of flexible office space to cater to the needs of... https://www.scmp.com/business/article/3328265/hong-kongs-largest-flex-office-provider-opens-new-workspace-facility-demand-improves?utm_source=rss_feed https://www.scmp.com/business/article/3328265/hong-kongs-largest-flex-office-provider-opens-new-workspace-facility-demand-improves?utm_source=rss_feed Wed, 08 Oct 2025 12:13:39 +0000 Grace Brewer Grace Brewer Once Typhoon Ragasa has passed and the city’s restaurants reopen, this weekend will bring three stand-out dining experiences across Hong Kong, each offering something different to discover. Ming Court teams up with a renowned Beijing kitchen for a rare collaboration that bridges two rich Chinese culinary traditions. Over in Tsim Sha Tsui, a much-loved Tokyo ramen spot sets up shop with its signature duck noodle broth. Last but not least, a new Central restaurant serves up a fresh fusion of... https://www.scmp.com/lifestyle/100-top-tables/article/3326639/your-hong-kong-weekend-food-guide-september-26-28?utm_source=rss_feed https://www.scmp.com/lifestyle/100-top-tables/article/3326639/your-hong-kong-weekend-food-guide-september-26-28?utm_source=rss_feed Wed, 24 Sep 2025 05:15:09 +0000 Aileen Chuang Aileen Chuang Companies in Hong Kong moved swiftly on Monday to take advantage of a new Swap Connect rule that lets them hedge using China’s onshore loan prime rate (LPR), as demand rises to manage yuan interest-rate risks. The measure, which was introduced by mainland China and Hong Kong regulators in May and went live on Monday, is part of a drive to expand product offerings under Swap Connect. Launched in Hong Kong in 2023, Swap Connect allows global investors to access mainland China’s interbank financial... https://www.scmp.com/business/banking-finance/article/3326365/hong-kong-firms-tap-new-swap-connect-rule-hedge-yuan-rate-risks?utm_source=rss_feed https://www.scmp.com/business/banking-finance/article/3326365/hong-kong-firms-tap-new-swap-connect-rule-hedge-yuan-rate-risks?utm_source=rss_feed Mon, 22 Sep 2025 07:30:06 +0000 Salina Li Salina Li Affluent Hong Kong investors – from the former CEO of the Hong Kong stock exchange to the chairman of Great Eagle Holdings – have been snapping up residential properties, despite doubts by many prospective homebuyers that prices of flats across the city have hit bottom. Francis Yuen Tin-fan and his wife Rose Lee Wai-mun spent HK$92 million (US$11.8 million) on two luxury flats at The Knightsbridge in Kai Tak over a span of two months. Their latest transaction on Tuesday was for a 1,259 sq ft... https://www.scmp.com/property/hong-kong-china/article/3326237/signs-confidence-affluent-hong-kong-investors-snap-luxury-flats-market-improves?utm_source=rss_feed https://www.scmp.com/property/hong-kong-china/article/3326237/signs-confidence-affluent-hong-kong-investors-snap-luxury-flats-market-improves?utm_source=rss_feed Sun, 21 Sep 2025 04:00:18 +0000 Jess Ma,Ambrose Li,Elizabeth Cheung Jess Ma,Ambrose Li,Elizabeth Cheung A “highly dangerous” wartime bomb discovered in Hong Kong’s Quarry Bay on Friday was successfully disposed of at around noon on Saturday after a nine-hour effort. The defusing, which started at 2am after the evacuation of about 6,000 residents from 18 buildings near the Pan Hoi Street construction site where the bomb was found, took longer than expected due to heavy rain, police said. Hong Kong was hit by downpours from the early hours of Saturday until the afternoon because of Tropical... https://www.scmp.com/news/hong-kong/society/article/3326230/hong-kong-authorities-clear-highly-dangerous-wartime-bomb-2pm-saturday?utm_source=rss_feed https://www.scmp.com/news/hong-kong/society/article/3326230/hong-kong-authorities-clear-highly-dangerous-wartime-bomb-2pm-saturday?utm_source=rss_feed Sat, 20 Sep 2025 02:28:23 +0000 Enoch Yiu Enoch Yiu The Hong Kong Monetary Authority (HKMA) is set to encourage more mainland banks to set up regional headquarters in the city, while the local bourse operator plans to enhance the listing regime, as the government aims to fortify Hong Kong’s position as an international financial centre, according to Chief Executive John Lee Ka-chiu. In his policy address on Wednesday, Lee also said the government planned to issue more RMB bonds and was considering using renminbi to settle government expenditures... https://www.scmp.com/business/banking-finance/article/3325891/policy-address-2025-hong-kong-unveils-measures-boost-financial-centre-status?utm_source=rss_feed https://www.scmp.com/business/banking-finance/article/3325891/policy-address-2025-hong-kong-unveils-measures-boost-financial-centre-status?utm_source=rss_feed Wed, 17 Sep 2025 11:44:40 +0000 Salina Li Salina Li Two major residential developments in Hong Kong saw tepid sales over the weekend despite a slow recovery in the city’s property market, showing that buyer sentiment has yet to fully rebound even as developers strive for higher profit margins amid a stabilisation in home prices, according to analysts. “Developers are now testing the waters” by pricing new projects at market rates, aligning with average prices in nearby developments or slightly higher, said Joseph Tsang, chairman of JLL Hong Kong.... https://www.scmp.com/business/article/3325484/hong-kong-developers-test-homebuyer-sentiment-residential-market-outlook-improves?utm_source=rss_feed https://www.scmp.com/business/article/3325484/hong-kong-developers-test-homebuyer-sentiment-residential-market-outlook-improves?utm_source=rss_feed Sun, 14 Sep 2025 08:31:05 +0000 Salina Li Salina Li Hong Kong developer K. Wah International on Thursday said it priced units in a new residential development in Tin Hau 17 per cent higher than a new neighbouring project that was launched last year, as both transactions and home prices have lately shown signs of recovery. K. Wah International said it priced 30 units in its Kabitat Tin Hau project, located at 33 King’s Road, at an average price of HK$24,311 (US$3,121) per square foot after a maximum discount. The average price in the 74-flat... https://www.scmp.com/business/companies/article/3325230/developer-k-wah-international-prices-new-tin-hau-units-higher-level-neighbour?utm_source=rss_feed https://www.scmp.com/business/companies/article/3325230/developer-k-wah-international-prices-new-tin-hau-units-higher-level-neighbour?utm_source=rss_feed Thu, 11 Sep 2025 12:42:27 +0000 Peggy Sito Peggy Sito Hong Kong developers rushed to put more than 200 residential units on the market for sale on Friday, as they took advantage of the market’s anticipation of the first interest rate cut of 2025, which may take place as soon as mid-September. Most of the flats were offered at two locations on the Kowloon peninsula. A consortium led by Sino Land put up 109 units of Villa Garda II in Tseung Kwan O at between HK$14,245 and HK$17,940 per sq ft after discounts. In Kai Tak on the seafront runway of the... https://www.scmp.com/business/companies/article/3321942/hong-kong-developers-put-more-200-flats-sale-amid-interest-rate-optimism?utm_source=rss_feed https://www.scmp.com/business/companies/article/3321942/hong-kong-developers-put-more-200-flats-sale-amid-interest-rate-optimism?utm_source=rss_feed Fri, 15 Aug 2025 04:30:15 +0000 Salina Li Salina Li Two property developers are in discussions with the Hong Kong government to pay lower-than-market premium for land parcels in the Northern Metropolis, a priority megaproject for the authorities to spur the city’s economic growth. New World Development (NWD) and China Resources Land are finalising talks to pay between HK$1,500 and HK$1,600 per square foot for two plots in Yuen Long, for a total estimated at more than HK$2 billion (US$254.8 million), according to a source close to the matter. The... https://www.scmp.com/business/article/3321023/nwd-china-resources-land-pay-reduced-premium-northern-metropolis-project?utm_source=rss_feed https://www.scmp.com/business/article/3321023/nwd-china-resources-land-pay-reduced-premium-northern-metropolis-project?utm_source=rss_feed Thu, 07 Aug 2025 02:47:34 +0000 Salina Li Salina Li Francis Yuen Tin-fan, former CEO of Hong Kong’s stock exchange operator, and his wife spent HK$46.5 million (US$5.92 million) on a luxury flat in Kai Tak, adding to a string of transactions that they have made in the city over the past decade. Yuen and Rose Lee Wai-mun bought a 1,298 sq ft four-bedroom unit at The Knightsbridge late last month at HK$35,794 per square foot, according to Land Registry records. The unit was handed over on Tuesday, records showed. Robin Zeng Yuqun, the billionaire... https://www.scmp.com/business/article/3319488/ex-hong-kong-stock-exchange-ceo-buys-luxury-kai-tak-flat-us592-million?utm_source=rss_feed https://www.scmp.com/business/article/3319488/ex-hong-kong-stock-exchange-ceo-buys-luxury-kai-tak-flat-us592-million?utm_source=rss_feed Thu, 24 Jul 2025 12:47:27 +0000 Hannah Wang,Julie Zhang Hannah Wang,Julie Zhang UK-based start-up Barocal, which specialises in energy storage and conversion, won the US$1 million top prize at this year’s TERA-Award, created by Hong Kong tycoon Peter Lee Ka-kit. Lee is on a mission to discover unicorns in green energy development and innovation through his platform, aiming to tackle one of the world’s most pressing challenges: climate change. Now in its fourth year, the TERA-Award, established by Lee’s family office, Full Vision Capital, received a record 785... https://www.scmp.com/business/banking-finance/article/3318750/uk-start-barocal-wins-us1-million-tera-award-green-energy-innovation?utm_source=rss_feed https://www.scmp.com/business/banking-finance/article/3318750/uk-start-barocal-wins-us1-million-tera-award-green-energy-innovation?utm_source=rss_feed Fri, 18 Jul 2025 23:30:08 +0000