Category: PROPERTY

This weekend’s sale show how the city’s property developers continue to cough up significant discounts to entice homebuyers.

The proceeds from the sale of the town houses on 46 Plantation Road will be used to repay a private loan of as much as HK$1.6 billion due in January 2025, a source said.

Distressed commercial property sales accounted for HK$16.8 billion (US$2.1 billion) or 73 per cent of the total deal value in the first half, versus 10 per cent in previous years, CBRE says.

Distressed property sales accounted for HK$16.8 billion (US$2.1 billion) or 73 per cent of the total deal value in the first half, versus 10 per cent in previous years, CBRE says.

The city's investment migration scheme has received 346 applications from investors looking to inject over HK$10 billion in the city's markets Hong Kong has attracted more than HK$10 billion (US$1.3 ...

Extension of Government Leases Ordinance designed to cope with more than 300,000 commercial, residential and industrial leases scheduled to expire in 2047 A new law designed to automatically renew ...

Ordinance gazetted on Friday will allow 50-year extensions to take leases beyond crucial 2047 date, in move hailed by lawmakers and industry.

Hong Kong’s recent property launches have been discounted by as much as 10 per cent, compared with similar projects in 2015, according to data tracked by JLL.

Valued at US$896 million in 2022, the waterfront office tower in Hung Hom was seized by creditors in early 2023 Hong Kong commercial property One HarbourGate East Tower in Hung Hom, among a series of ...

Developers say 7:3 ratio for public-to-private flat supply should be adjusted for proposed innovation hub in New Territories.

In efforts to improve the vibrancy of Central, Hongkong Land will lead a more than US$1 billion ($1.36 billion) transformation of Landmark, Hongkong Land’s largest property in Hong Kong. Landmark is a ...

Recent launches have sold poorly despite decade-low prices, while prices of lived-in flats hit a nearly eight-year low, according to JLL Hong Kong's lacklustre home sales are weighing on prices, with ...

Recent new-home launches have sold poorly despite decade-low prices, while prices of lived-in flats hit a nearly eight-year low, according to JLL.

However, the value of mortgages approved rose by 8.8%, according to official data. The number of mortgage applications in Hong Kong fell in May, although the total value of approved mortgages rose, ...