Hong Kong’s rich families are learning about the unpredictability of market downturns. Now some have to sell the homes they live in to cut debt.
Receivers put US$55 million home of Hong Kong’s ‘Cassette King’ on sale amid housing gloom
Sea-view property in Pok Fu Lam handed to receivers last week, according to Land Registry records; expressions of interest to end on July 8.
Hong Kong property: new pricing weighs on home market as tariff war hurts demand
Projects in New Territories are being priced below second-hand properties, while mainland Chinese buyers are driving demand in Kowloon.
Hong Kong’s top developer sells out homes in hours as rates fall
A drop in interest rates is helping the city’s residential sales. Read more at straitstimes.com. Read more at straitstimes.com.
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 property slump hits real estate owned by celebrities and tycoons, including Nicholas Tse and Stanley Ho’s family
Hong Kong’s prolonged property downturn is dragging down the value of real estate owned by celebrities and tycoons, including actor Nicholas Tse and the family of late Macau casino magnate Stanley Ho.
Hong Kong luxury property: mainland buyers pounce on big discounts from local sellers
A surge in discount selling by cash-strapped owners has sparked a frenzy among well-heeled buyers, agents say.
Hong Kong property: Southeast Asian buyers, schools fuel revival in commercial deals
Colliers forecasts commercial real estate deals to increase 14 per cent this year on policy support, valuation appeal Southeast Asian companies like lender DBS Group Holdings and fast-food chain ...
Hongkong Land Is A Buy With Recent Property Sale
Hongkong Land monetized property at a demanding valuation, reinforcing upside potential and capital strength. Find out why HNGKY stock is a buy.
Hong Kong Interbank Offered Rates Plunge: Implications for Mortgage Rates and Borrowers
This decline has been driven by a combination of factors, including increased liquidity in the banking system and reduced demand for interbank loans. The overnight HIBOR, which plummeted from 2.49% to ...
Analysis-Private credit firms eye new funds for Hong Kong property as banks step aside
By Clare Jim and Kane Wu HONG KONG (Reuters) -As valuations fall and banks pare exposure, some private credit firms are stepping in to invest in large commercial properties and developers in Hong Kong ...
Hong Kong’s April property deals jump to 5-month high as buyers dived in on stamp duty cut
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.
Miss Hong Kong Michelle Reis unveils $129M sea-view villa, one of Hong Kong’s most luxurious homes
Michelle Reis, crowned Miss Chinese International and Miss Hong Kong in 1988, has shared a glimpse of her HK$1 billion (US$129 million) villa in Hong Kong’s Shek O Peninsula, featuring a lush lawn and ...
Hong Kong property giant SHKP sells out second batch of Sierra Sea flats on strong demand
Demand for flats at Sierra Sea, a mega residential project of Sun Hung Kai Properties (SHKP) in the New Territories, remained strong for the second consecutive weekend, as homebuyers took advantage of ...