Tycoons like Chen Zhuolin, Hui Ka-yan and the Ho Shung-pun family sold homes and offices at significant losses, reflecting the broader market slump ...
Hong Kong property deals drop in December as slump thins agent ranks
Transactions rose 17 per cent in 2024 despite a December decline of 28.3 per cent, according to government data.
A Luxury Home Can Help Investors Qualify for a Hong Kong Golden Visa—These Neighborhoods Could Get a Boost
Hong Kong is hoping it can help sell off the abundance of luxury homes lingering on the market with a new policy encouraging wealthy investors seeking residency to buy instead of rent.
Hong Kong home prices edge up 0.07% in November
Hong Kong's home prices were largely flat in November, in an early sign that the struggling property market could bottom out after interest rate cuts and other supportive measures.
Will Hong Kong celebrities like Chow Yun-fat find buyers for their luxury homes in 2025?
Luxury property prices to rise as much as 5 per cent next year, with rents also set to increase by the same level, Ricacorp's Derek Chan says Celebrities like Chow Yun-fat may have had to slash prices ...
China’s Housing Crisis Spills Over to Hong Kong—Major Developers Seek Help to Avoid Collapse
China's real estate crisis deepens, affecting developers like Vanke and spreading to Hong Kong, raising concerns over economic stability.
Shimao Cuts Asking Price for Hong Kong’s Second-Largest Hotel
Defaulted Chinese developer Shimao Group Holdings Ltd. has slashed the asking price for a Sheraton-branded hotel property near Hong Kong’s airport by a quarter, according to a person familiar with the ...
China property flare-ups resurface as crisis enters fifth year
As China property debt crisis enters fifth year, there is little indication that distressed developers are finding it easier to repay debt.
The Center skyscraper sale was a Hong Kong blockbuster, now buyers struggle to cash out
Take a look inside The Center, which was the world’s most expensive skyscraper when it was shrewdly sold by the city’s wealthiest man.
Hong Kong Builder New World Asks Banks to Extend Loans
Hong Kong property firm New World Development Co. is in talks with banks to extend the due dates of some bilateral loans, said people familiar with the matter.
Hongkong Land Launches Next-Generation Tenant Engagement Service for the Professional Community in Central
The new app delivers a highly personalised user experience and includes new features, content and services to enhance the working lives of professionals in the Central Portfolio The launch comes as ...
Chinese property developers look to bite bullet and revamp onshore debt in 2025
Progress by Chinese property developer Sunac towards a landmark restructuring deal for yuan bonds could open the gates to a flurry of debt agreements next year, as the sector gives up on returning to ...
Hong Kong government land sale revenues to hit HK$8-14b in 2025
And annual land premiums are expected to reach HK$10-15 billion. The Hong Kong property market is less affected by the external environment this year; demand and supply are the major factors ...
Hong Kong – Prudential Measures For Property Mortgage Loans.
Hong Kong - Prudential Measures For Property Mortgage Loans. Legal News and Analysis - Hong Kong - Banking & Finance - Conventus Law ...