Many people who bought flats in the last couple of months have seen their value decline by as much as 20 per cent, according to up-to-date estimates by HSBC, Hong Kong’s largest mortgage provider. Hon... ( read original story ...)
Hong Kong’s New-Home Sales Tumble in First Data Since Rate Rise
Hong Kong’s new-home sales cooled, another sign of weakness in a property market that may be at risk of a correction. The transaction value so far in October is HK$11.2 billion ($1.4 billion), the low... ( read original story ...)
Negative equity returns to Hong Kong as small flats’ value drop by 20 per cent in a declining market
Many people who bought flats in the last couple of months have seen their value decline by as much as 20 per cent, according to up-to-date estimates by HSBC, Hong Kong’s largest mortgage provider. Hon... ( read original story ...)
Opponents of land reclamation ‘do not represent Hong Kong’, property tycoon Gordon Wu says
The collective voice of thousands of residents who marched to oppose a controversial multibillion-dollar reclamation project earlier this month “do not represent Hong Kong”, an outspoken property tyco... ( read original story ...)
New Hong Kong-Zhuhai-Macao Bridge to Benefit Regions Retail, Hotel Sectors
With the new Hong Kong-Zhuhai-Macao Bridge and other strategic infrastructure projects in the Pearl River Delta, both the city's economic development and the local retail, hotel and industrial propert... ( read original story ...)
‘Starter homes’ scheme targeting Hong Kong middle-class set for launch before end of 2018
A new kind of residence will be up for grabs among Hong Kong’s middle class later this year, as the government launches a “starter homes” scheme for those too poor to afford a flat in the world’s most ... ( read original story ...)
Hong Kong property magnate Walter Kwok dies, aged 68
Walter Kwok Ping-sheung, former chairman of Sun Hung Kai Properties, died at Hong Kong Adventist Hospital on Saturday morning two months after he was hospitalised following a stroke. Kwok, 68, was adm... ( read original story ...)
Lawmaker Takes Loan at 18% Interest to Buy Hong Kong Property
Just how attractive is Hong Kong property? A stock exchange filing from Tuesday evening shows that some people will continue to pay up for the chance to buy in. Hong Kong businessman and lawmaker Pete... ( read original story ...)
5 top areas in Hong Kong where investors love to buy properties
Hong Kong’s red-hot luxury property market attracts some of the top international property investors. These buyers have their own preferred areas where they like to invest. The Peak, for example, enti... ( read original story ...)
Hong Kong Developers Consider $6 Billion Debt for Housing Project
A consortium of Hong Kong property firms led by Henderson Land Development Co. is in talks with banks to raise about HK$46 billion ($5.9 billion) via bonds and loans to fund a residential project in t... ( read original story ...)
Hong Kong property tycoon Walter Kwok dies at 68
HONG KONG • Mr Walter Kwok, the former chairman of Hong Kong real-estate developer Sun Hung Kai Properties, died last Saturday morning at the age of 68, according to a statement from his family. "We a... ( read original story ...)
Hong Kong Property Billionaire Walter Kwok Dies, Family Says
Walter Kwok, the former chairman of Hong Kong real-estate developer Sun Hung Kai Properties Ltd., died Saturday morning at the age of 68, according to a statement from his family. “We are saddened to ... ( read original story ...)
Property technology set to rejig real-estate scene
Experts believe Hong Kong, one of the most mature and liquid real-estate markets in Asia with a huge transaction volume, has the ingredients to become the region’s property technology hub. ( read original story ...)
Tencent partners with HK property developer SHKP to promote WeChat Pay
Internet giant Tencent Holdings Ltd and Hong Kong property developer Sun Hung Kai Properties Ltd (SHKP) have formed a strategic partnership on Thursday aimed at enhancing smart living in the metropoli... ( read original story ...)