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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 general view of Mont Verra in Kowloon Tong. Photo: May Tse
Kerry Properties

Hong Kong luxury flat sells for US$28.9 million in latest high-end property deal

The Mont Verra flat has four rooms with a total saleable area of 4,332 sq ft, translating to a price of HK$51,939 per square foot.

Architecture and design

Gilded interiors draw improbable luxury from the forest floor

Property financing

2 Deep Water Bay homes sold for US$283 million in biggest deal in years

Property investment

The View | Rebound in Hong Kong’s Central office market could be turning point

At a time when uneven K-shaped recoveries are increasingly prevalent, Hong Kong’s office sector is experiencing its own unbalanced rebound.

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Office towers on Hong Kong Island are seen across the water at sunset on November 15. Photo: Jelly Tse
Office rental

Hong Kong, Singapore embrace flex offices as multinationals reshape demand

Flex operators deliver creditworthy tenants – a departure from the sector’s early reliance on start-ups and small firms: analysts.

China Vanke

Vanke Hong Kong sells just 7 units in muted Le Mont weekend launch

Brokers said the downbeat result reflected Le Mont’s long sales cycle rather than any spillover from parent China Vanke’s onshore debt talks.

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New World Development

Rosewood opens French ski resort after sources say hotel brand is not for sale

Luxury hotel group announces Courchevel resort’s opening, just days after sources said the prized brand was not for sale.

General view of the Rosewood Hong Kong hotel in Tsim Sha Tsui. Photo: Dickson Lee
Hong Kong

Qube takes six floors at Two IFC as falling rents lure financial giants

Qube’s expansion mirrors a broader trend among financial firms taking advantage of softer rents to move into higher-grade offices.

Hong Kong

Hong Kong logistics group’s CEO buys US$17 million luxury home

An entity linked to Arnold Lee, CEO of Hecny Group, buys a 2,772 sq ft flat at The Legacy in Mid-Levels West.

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Kai Tak Sports Park

Kai Tak Stadium lifts Hong Kong’s status as major sports and entertainment venue

The 50,000-seat stadium drives repeat tourism, supports retailers and helps prop up retail property landlords, experts say.

An aerial view of Kai Tak Stadium. Photo: Eugene Lee
Property financing

Hong Kong shipping baron’s nephew buys US$9.6 million flat in Repulse Bay

An entity linked to Raymond Pao, a nephew of the late Y.K. Pao, acquired the 2,491 sq ft, four-bedroom flat in Grand Garden on December 8.

A company called Crosspark, connected to the nephew of the late shipping baron Y.K. Pao, has bought a flat in the Grand Garden residential project in Repulse Bay. Photo: Handout
Retail properties

With luxury absent, new entrants steady Hong Kong retail property

Newcomers from across Asia and Europe take advantage of cheaper rents while big-ticket brands delay major commitments.

Hong Kong

Yau Tong project nearly sells out amid hopes of home market recovery in 2026

The flats at One Park Place were in high demand after developers Sino Land, CSI Properties and MTR offered discounts of up to 15 per cent.

International Property

Exclusive | Rosewood hotel brand of Hong Kong’s Chow Tai Fook is not for sale, sources say

The prestige brand has delivered ‘exceptional’ results, sources say, while suggesting that certain properties might be available.

The Rosewood Hotel in Tsim Sha Tsui, Hong Kong. Photo: Shutterstock
Office rental

Hong Kong’s Hang Seng University joins property rush with US$11.6 million deal

Acquisition of office units in Sha Tin’s Metropole Square follows Metropolitan University’s US$334 million purchase of Hung Hom property.

Hang Seng University is the latest school to purchase property amid a government push to turn the city into a global education hub. Photo: Jelly Tse
Property investment

Casino tycoon Fu Tak-iam’s family buys US$71 million Hong Kong rental property

Deal highlights investor shift from offices to rental housing as hotel conversions surge amid student influx.

Property investment

Hong Kong home prices to rise in 2026 due to mainland Chinese buyers, rate cut

‘Housing prices have bottomed out, and the outlook for 2026 is cautiously optimistic,’ JLL Hong Kong chairman Joseph Tsang says.

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Architecture and design

Light. Views. Flow. How designers scored a trifecta in a young family’s home

Craft of Both revamps a Discovery Bay, Hong Kong, apartment around one key feature: curves.

The living room of the renovated apartment in Discovery Bay, Hong Kong, designed by Craft of Both. Photo: Patrick Stefanus
Banking & finance

JD.com’s US$450 million stake in Hong Kong Central tower eases Lai Sun debt woes

JD.com’s latest Hong Kong investment – a half stake in China Construction Bank Tower – will ease balance sheet pressure at Lai Sun.

Hong Kong

Hongkong Land’s leasing deal with major law firm a sign of ‘flight to quality’

Harneys’ new lease is a sign of firmer demand in prime locations after years of pressure, although citywide rents remain subdued.

Mergers & Acquisitions

McDonald’s tastes fat profit in US$9.3 million Hong Kong property sale

Company secures 200 per cent gain in the fourth sale in an initiative to dispose of eight retail spots across the city.

McDonald’s sold this property in the Tai Fong Building in the Cosmopolitan Estate in Tai Kok Tsui on November 26, according to Land Registry records. Photo: Handout
Hong Kong

Mainland Chinese tycoon pays US$32.1 million for Hong Kong penthouse

A scion of one of Anhui’s wealthiest families has paid HK$250 million for a duplex at the Mont Verra development in Kowloon Tong.

General view of Mont Verra at 3 Lung Kui Road in Beacon Hill, Kowloon Tong. Photo: May Tse
Asia housing and property

The View | Asia’s housing affordability squeeze shows no signs of slowing

Some of the sharpest increases in property values are in economies facing major headwinds or those suffering from an acute shortage of affordable housing.

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Hongkong Land

Schiaparelli picks Hong Kong’s Landmark for first flagship Asian store

The fashion house, which is known for its unique and surreal designs, will open its boutique in Hong Kong January.

Legislative Council election 2025

Hong Kong property tycoons turn heads at poll, urge voters to fulfil civic duty

Tycoons from SHKP, Sino Group, Henderson Land Development, New World Development, CK Hutchison and Chinese Estates cast ballots.

Henderson Land Development chairman Martin Lee made his presence felt in Wan Chai, where he cast his ballot. Photo: Nora Tam
Happy Valley

Happy Valley nano flats rival The Peak as Hong Kong’s rent squeeze deepens

A rush of students, young professionals and new arrivals is pushing per-square-foot rents for Happy Valley nano flats towards The Peak territory.

The Unit, a 117 sq ft nano flat in Happy Valley. Photo: Handout
SHKP

Hang Seng Bank co-founder’s kin pays US$9.3 million for Hong Kong luxury flat

Magdalene Ho acquired a 1,806 sq ft, three-bedroom flat in Sun Hung Kai Properties-developed Dynasty Court in Mid-Levels this week.

Hong Kong’s Tai Po fire tragedy

Hong Kong developers push for smoking ban at construction sites after deadly fire

Two developers already stepping up measures, with viral video showing workers being told: ‘If anyone is caught smoking, they will have to leave’.

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