Bridgeway, managed by veteran investor Edwin Lee, sold the shop for HK$18.7 million (US$2.4 million) after acquiring it for HK$27.5 million.
Hong Kong property sales fall to 5-month low; buyers spooked by US-China tension: agencies
Hong Kong real-estate sales fell to their lowest point in five months in February, reflecting caution among homebuyers and investors amid increasing tensions between Washington and Beijing, according ...
Hong Kong lived-in home prices fall to lowest point in 8 years in January
Hong Kong’s lived-in home prices fell in January to their lowest point in more than eight years, though some analysts expressed optimism that they would bottom out in the first half of the year due to ...
Hong Kong Property And Jewelry Magnate Navigates Perfect Storm
Henry Cheng, chairman of New World Development and Chow Tai Fook Jewellery, saw his fortune drop $2.6 billion.
Hong Kong developer Sino Land reports 30% earnings drop, points to full pipeline
Major Hong Kong developer Sino Land reported a more than 30 per cent drop in earnings for the first half of its financial year amid a slow pace of recovery in the city’s property sector. The company ...
Investors to redevelop Hong Kong’s Kitec site into office, flats and hotel blocks
Consortium plans to give the former trade and exhibition centre a new lease of life following its permanent closure in June.
CK Asset raises prices for Blue Coast II flats amid Hong Kong market optimism
Price of the next batch of 62 units raised by 2 per cent to an average of HK$22,781 (US$2,930) per square foot.
New World, SHK Properties to offer clues amid rising property distress
The outlook of both developers could hinge on potential measures for the Hong Kong’s property market, expected in a budget speech by the government on Wednesday.
Kerry’s Hava flats sell out as stock rally lifts the mood in Hong Kong’s property market
All 250 units of Hava project, on offer at an average price of HK$10,658 per square foot, were sold out as of 4.30pm.
New World Development flags up to $875 million interim loss amid China’s property woes
(Reuters) -Hong Kong-based property developer New World Development said on Friday it expects to swing to a loss of up to HK$6.80 billion ($875.07 million) for the first half of fiscal 2025 on lower ...
HK’s New World Development sees loss of up to $875 million in first half of 2025
Hong Kong-based property developer New World Development said on Friday it expects to record a loss attributable between HK$6.60 billion and HK$6.80 billion ($875.07 million) from its continuing ...
Henderson offers 63 flats in Eight Southpark at discount amid warming Hong Kong market
The developer is offering the first batch of flats in the Kowloon City project at an average price of HK$17,388 per square foot.
China property crisis: Hong Kong court orders Evergrande and HNA units to liquidate
Tianji Holding and HNA Group (International) have become the latest casualties in the mainland’s distressed property sector.
‘Difficult year’ ahead for Hong Kong developers as fading rate-cut hopes cloud outlook
Developers will rely on low prices to draw buyers as rising US inflation and Trump tariff threats make rate cuts unlikely, experts say Hong Kong developers will continue to price their swollen ...