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Hong Kong property

Hong Kong property
Latest news and analysis about Hong Kong’s property industry, including sales, market outlook, policies, products and the performance of developers.
A flat in Sham Shui Po, divided into more than 20 bunk bed spaces for rental, seen in 2024. Photo: Elson Li
Hong Kong society

Editorial | Diet plight of shoebox children Hong Kong’s shame

Study into youngsters living in Hong Kong’s deplorable subdivided living spaces found that nearly four in five are not getting enough nutrition.

Hong Kong society

Charity’s proposed shelter for homeless Hongkongers rejected by government

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Hong Kong

Cassette King’s luxury house in Hong Kong put on sale amid distress

Architecture and design

A designer worked his magic on a boxy 1980s Mid-Levels apartment

Despite the architectural constraints of the compartmentalised apartment, a designer managed to transform the space for an Aussie couple.

This Mid-Levels apartment was designed by Hintegro. Photo: Keith Chan
Sha Tin

Hong Kong home builders bring flats to market, seizing on sentiment surge

50 units in New Territories launched at 8.5 per cent below market prices, while New World and partners ready Wong Chuk Hang sale.

Sun Hung Kai Properties

Buyers snap up all Sierra Sea flats on weekend sale as hot streak continues

Lower interest rates and recent boost to stock market wealth have helped shore up sentiment among homebuyers, developer says.

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Hong Kong

Hong Kong secondary home prices under pressure as developers offer discounts

Projects in New Territories are being priced below second-hand properties, while mainland Chinese buyers are driving demand in Kowloon.

View of Sun Hung Kai Properties’ residential development Sierra Sea in Sai Sha on April 30. Photo: Edmond So
Hong Kong

How Chinese retailers are making the most of Hong Kong’s falling rents

Some 35 per cent of retailers entering Hong Kong this year are from mainland China, compared with 29 per cent last year, CBRE says.

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Hong Kong housing

Opinion | Despite Hong Kong’s property downturn, case for subsidised housing remains

Although home prices have fallen, subsidised housing’s raison d’être remains, with larger units much in demand.

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Property financing

Meitu founder’s wife buys Hong Kong luxury home for US$60 million

Wang Baoshan paid 22 per cent less than the asking price for the 5,466 sq ft detached house at 8 Perkins Road.

A view of Hong Kong from Jardine’s Lookout. Mainland buyers have been underpinning demand for luxury property in the city. Photo: Shutterstock
Retail properties

Tenants like Donki get rental breaks in Hong Kong’s retail gloom

Hong Kong landlords offer significant discounts to attract tenants amid ongoing retail challenges, reduced tourist spending.

Don Don Donki in Central. Photo: Neil Newman
Abby Choi - murder of a model

HSBC moves to repossess Hong Kong flat of Abby Choi’s former father-in-law

Court summons for Kwong Kau is latest development in controversy over his subsidised flat, which has already prompted tightening of some rules.

Hong Kong housing

Wait time for Hong Kong public rental flat still at 5.3 years, applications drop

Housing Authority says figures for first quarter due to new supply and higher turnover of homes, with 4,700 applicants allocated flats.

Hong Kong

Hong Kong property: mainland buyers pounce on huge discounts from local sellers

A surge in discount selling by cash-strapped owners has sparked a frenzy among well-heeled buyers, agents say.

A mainland buyer has acquired a 6,071 sq ft detached unit in Pokfulam 138, developed by Ryoden Development, for HK$300 million. Photo: Handout
Family offices

Why multifamily offices could yield bigger benefits for Hong Kong

Hong Kong can boost its economy, create jobs and generate positive global image with multifamily offices, Raffles Family Office CEO says.

Raffles Family Office has opened a new office in Hong Kong as it seeks to expand its services for its clients. Photo: Edmond So
Hong Kong society

Hong Kong lawmakers slam HK$20 billion welfare property plan as ‘failed’ policy

Government reveals only up to HK$240 million spent on five premises in five years since launch of plan.

Property financing

Southeast Asian buyers, schools fuel revival in Hong Kong commercial properties

Colliers forecasts commercial real estate deals to increase 14 per cent this year on policy support, valuation appeal.

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Sun Hung Kai Properties

Hong Kong’s 3 biggest developers to dominate 60% of housing supply

The three developers will deliver 60 per cent of new homes in 2025 and 2026, up from 40 per cent in 2023 and 2024, JLL says.

Potential buyers queue up to buy flats in Sun Hung Kai Properties’ Sierra Sea residential project at the International Commerce Centre on May 3. Photo: Elson Li
Banking & finance

Why Hibor at 30-month low is a positive sign for Hong Kong’s economy

Hibor-linked mortgage borrowers will save about US$40 per month after the one-month interbank rate fell by almost 1 percentage point.

Sun Hung Kai Properties

Brisk Hong Kong home buying continues with third Sierra Sea sellout

Buyer confidence ‘will significantly strengthen’ and first-hand transactions this month are ‘bound to increase’, Centaline CEO says.

Hong Kong

Chinese actress Zhao Wei’s former Hong Kong home fails to sell at an auction

Zhao and her husband bought a 3,494 sq ft duplex at The Westminster Terrace in Tsuen Wan in 2012 for HK$72 million.

The Westminster Terrace in Tsuen Wan, where Chinese actress Vicki Zhao Wei and her former husband Huang Youlong owned a duplex flat. Photo: Google Maps
Property financing

Hong Kong’s property deals surged in April as buyers dived back in

Real estate sales rose 9.8 per cent to HK$50.1 billion involving 7,229 new homes, lived-in abodes, offices, shops, car parking slots and industrial space.

Property sale for the Sierra Sea project at Sun Hung Kai Properties’ sales room at the ICC in West Kowloon on 26 April 2025. Photo: Jonathan Wong
Architecture and design

Revamped Repulse Bay flat: a study in restraint and refinement

Studiossoo’s revamp of the 2,060 sq ft flat gives beloved pieces the spotlight, and features a music room and cleverly concealed bar.

Property financing

Hong Kong developer rushes out more flats amid surge of mainland buyers

SHKP raises prices by nearly 10 per cent after first two batches sold out at levels 20 per cent below second-hand flats.

China property

The View | Bullish case for Hong Kong student housing should be treated with caution

Student accommodation can help alleviate the city’s property market woes, but it’s far from a cure-all solution on its own.

Students on the Chinese University campus on January 10, 2024. Photo: Eugene Lee
Hong Kong economy

Lee Shau-kee’s lasting impact revealed to new eyes at Hong Kong exhibition

Thousands visit exhibition highlighting the late tycoon’s generosity, as well as insights into his beginnings, philosophies and business strategies.

Some of the thousands of visitors who visited the “A Light Among Us” Memorial Exhibition of Lee Shau Kee at The Henderson in Central. Photo: Sun Yeung
Sun Hung Kai Properties

Hong Kong property giant SHKP sells out second batch of Sierra Sea flats

As of 6pm, Hong Kong’s largest property developer sold all 288 of new Sierra Sea units it offered on Saturday.

Property financing

Meitu founder buys Hong Kong’s Ginza-style building for US$84 million

Meitu founder invests US$84 million in Hong Kong property to create a crypto/AI start-up hub.

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