Mai Fan, the previous owner, bought the villa in 2017 for HK$350 million through Million Link Development The company's receivers sold the 3,953 sq ft two-storey villa in Pok Fu Lam at a discount of ... ( read original story ...)
The most expensive mansion in the world sold for $111 million in Hong Kong
A tasteful six-bedroom mansion broke this year’s record as the most expensive house sold in the world. The estate is ... ( read original story ...)
Former Savills Hong Kong director joins Centrick
A former director of Savills in Hong Kong has joined the valuation team at commercial and residential property specialist Centrick. ( read original story ...)
New Chief Executive, John Lee, must streamline planning process, boost transitional homes to address Hong Kong’s housing crisis, experts say
The city's new leader should also aim to cut the amount of red tape so that residential units can be churned out at a faster pace, say property analysts The average waiting time for a public rental ... ( read original story ...)
Hong Kong’s Hysan Development, Swiss flexible office giant IWG eye expansion of their co-working spaces in the Greater Bay Area
Hysan and IWG's joint venture currently operates 34 flexible office centres across Hong Kong and the bay area and is looking to increase this A recent survey by IWG found more than three quarters of ... ( read original story ...)
Hong Kong’s chief executive focuses on keeping public housing waiting time from increasing – but experts says 10,000 more flats needed a year
Leader's goal 'realistic', when wait more than double government's pledge of 3 years, says Federation of Public Housing Estates chief Researcher concerned government will shorten waiting times at the ... ( read original story ...)
Why Hong Kong’s billionaire factory is broken
Real estate has always been at the centre of some of Hong Kong’s legendary rags-to-riches stories, but the number of mega-rich are drying up. ( read original story ...)
Hong Kong raises prospect of Shenzhen border easing by Aug 4
Hong Kong's new health secretary said on Monday he hoped the border with Shenzhen would reopen before Aug. 4, a move that would mark a significant relaxation of China's strict border controls, ... ( read original story ...)
Chinese property developer Shimao misses repayment on US$1 billion bond
Chinese developer Shimao Group has missed the interest and principal payment of a US$1 billion offshore bond due on Sunday in the latest blow to China’s embattled property market. Shimao was unable to ... ( read original story ...)
Chinese property developer Shimao misses repayment on $1 billion bond
Chinese developer Shimao Group has missed the interest and principal payment of a US$1 billion offshore bond due on Sunday in the latest blow to China’s embattled property market.Shimao was unable to ... ( read original story ...)
Hong Kong works to resolve housing shortage by developing new areas
Hong Kong has been ranked as the world's least affordable housing market for the 12th consecutive year by the 2022 Demographia International Housing Affordability, an annual report that provides ... ( read original story ...)
Hong Kong’s priciest 2022 home fetches $111M
A six-bedroom mansion in an elite Hong Kong neighborhood has set the year’s record for the priciest home transaction ... ( read original story ...)
Hong Kong at 25: where mainland ‘drifters’ have made their home
Covid-19 travel curbs and a strict national security law are spurring hundreds of thousands to leave Hong Kong, surveys warn But for thousands of gangpiao, or mainland 'drifters' who first arrived to ... ( read original story ...)
We’ve all had enough of Hong Kong’s housing crisis – break the city’s ‘shoebox curse’ or people will leave and never return
To buy an extremely modest flat in Hong Kong you'd need to save every cent you earn for 9 ... it would take at least 12 years to save HK$4 million to buy a 400 sq ft (37 square metre) property in a ... ( read original story ...)