Price of the next batch of 62 units raised by 2 per cent to an average of HK$22,781 (US$2,930) per square foot.
New World, SHK Properties to offer clues amid rising property distress
The outlook of both developers could hinge on potential measures for the Hong Kong’s property market, expected in a budget speech by the government on Wednesday.
Kerry’s Hava flats sell out as stock rally lifts the mood in Hong Kong’s property market
All 250 units of Hava project, on offer at an average price of HK$10,658 per square foot, were sold out as of 4.30pm.
New World Development flags up to $875 million interim loss amid China’s property woes
(Reuters) -Hong Kong-based property developer New World Development said on Friday it expects to swing to a loss of up to HK$6.80 billion ($875.07 million) for the first half of fiscal 2025 on lower ...
HK’s New World Development sees loss of up to $875 million in first half of 2025
Hong Kong-based property developer New World Development said on Friday it expects to record a loss attributable between HK$6.60 billion and HK$6.80 billion ($875.07 million) from its continuing ...
Henderson offers 63 flats in Eight Southpark at discount amid warming Hong Kong market
The developer is offering the first batch of flats in the Kowloon City project at an average price of HK$17,388 per square foot.
China property crisis: Hong Kong court orders Evergrande and HNA units to liquidate
Tianji Holding and HNA Group (International) have become the latest casualties in the mainland’s distressed property sector.
‘Difficult year’ ahead for Hong Kong developers as fading rate-cut hopes cloud outlook
Developers will rely on low prices to draw buyers as rising US inflation and Trump tariff threats make rate cuts unlikely, experts say Hong Kong developers will continue to price their swollen ...
Sun Hung Kai, Sino Land among 4 Hong Kong developers bidding for Tung Chung plot
A total of four Hong Kong property developers submitted bids for a residential land parcel in Tung Chung, the Lands Department said on Friday, after the government revised its requirements to ...
Family of Hong Kong’s ‘minibus king’ sells The Center offices at 34% loss in market slump
Ma Ah-muk bought the floors in 2018 from Li Ka-shing’s CK Asset as part of what was then the world’s priciest property transaction.
Tight squeeze over tiny homes
HOUSING is famously cramped in the Asian financial hub of Hong Kong, thanks to sky-high property prices, but a single toilet and kitchen shared by four families would make for a challenging home ...
Chinese Builder Hopson Gets Short-Term Loan From Temasek Unit
Chinese builder Hopson Development Holdings Ltd. has obtained a new private loan of around $100 million to refinance a facility that backed the purchase of some property in Hong Kong, according to ...
Hong Kong developer’s default could send shock waves through property market: S&P
The default of a major Hong Kong property developer could send shock waves through the broader sector and scuttle a potential recovery in the residential market, according to S&P Global Ratings. “Hong ...
Hong Kong’s consumer watchdog launches Greater Bay Area property portal
Hong Kong’s consumer watchdog has launched a one-stop website that consolidates property data from 11 Greater Bay Area cities to provide buyers and renters with timely and accurate information, ...