Category: PROPERTY

Commercial and residential property prices in Hong Kong have been fuelled by an influx of money from wealthy mainland Chinese investors and developers. The surging property market has become a political issue as costs in one of the world’s most expensive ... ( read original story ...)

A four bedroom house in Hong Kong has been sold for a whopping Rs 955 crore (HKD 1.16 billion). The 9,178 square foot home is in the exclusive Peak neighbourhood with an unobstructed view of Hong Kong and Victoria Harbour. The house boasts a swimming pool ... ( read original story ...)

HONG KONG, Nov 2 (Reuters Breakingviews) - A blockbuster Hong Kong property deal is enough to induce financial acrophobia. Tycoon Li Ka-shing is selling out of the city's fifth-tallest tower, The Center, for a lofty HK$40.2 billion, or $5.2 billion. ( read original story ...)

A landmark skyscraper owned by Hong Kong's richest man Li Ka-shing has sold for a record price of more than $5 billion, the company confirmed Wednesday, indicating the city's booming property sector shows no sign of slowing down. The rumoured sale of The ... ( read original story ...)

Li Ka-shing's CK Asset Holdings confirmed Wednesday that it had sold his interest in The Center, the fifth-tallest building in Hong Kong, for $5.2 billion. That's a record for a commercial property in Hong Kong. CK Asset Holdings said it expects to make a ... ( read original story ...)

Hong Kong authorities have tried to implement a raft of measures to cool the city’s property prices but Chief Executive Carrie Lam has said the government has no “magic wands”. The former British colony is one of the world’s wealthiest cities with ... ( read original story ...)

Mr Hui is the founder of Hong Kong property developer Shimao Group, with projects in Asia and Australia. And now one of China's biggest property developers has expanded his interests in the Kimberley cattle industry. The deal covers 800 hectares of land ... ( read original story ...)

As Shanghai and Hong Kong battle for supremacy on the economic and financial fronts, property prices in the two cities could potentially become the game changer. According to a study jointly conducted by the United Nations and the Chinese Academy of Social ... ( read original story ...)

Hong Kong’s leader has poured cold water over suggestions that the government lower land premiums for developers taking part in its new housing initiative for young, middle-income families. Against the backdrop of an overheated property market ... ( read original story ...)

Investors from Hong Kong, the top buyers of property in Ho Chi Minh City where home prices have doubled in less than 10 years, got first preference on a new tower in the Vietnamese city. Sunwah Group, a Hong Kong developer with a heavy focus on Vietnam ... ( read original story ...)

Hong Kong home buyers borrowed more last month to finance first hand properties. Mortgage loans financing primary market deals increased by 6.6 percent to HK$6.3 billion, the Hong Kong Monetary Auhority said. Mortgage loans financing secondary market ... ( read original story ...)

Cheung Kong Asset Holdings said its property sales in Hong Kong were set to hit a record HK$50 billion (US$6.409 billion) this year, making it likely to become the top property seller in the world’s most expensive city to live. “Our sales will climb to ... ( read original story ...)

HONG KONG, Oct 31 (Reuters) - Hong Kong's private home prices extended their record-breaking run for the 11th straight month to reach an all-time high in September, but the pace of growth cooled in the financial hub which is often regarded as one of the ... ( read original story ...)

HONG KONG (Reuters) - As the froth comes off China’s home prices, there are increasing signs that some property developers, particularly those with a heavy debt load, are becoming less aggressive. They are reducing balance sheet leverage, buying land ... ( read original story ...)