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Category: PROPERTY

Posted on 06/05/2024

Hong Kong property: mainland Chinese buyers snapping up 8 out of 10 new homes in some sales, agents say

Mainland Chinese buyers account for anywhere from 30 per cent up to 80 per cent of the sales in some recent launches, according to agents The strong return of mainland Chinese buyers is boosting hopes ...

Posted on 06/05/2024

Casino mogul Stanley Ho and first wife’s Hong Kong mansion listed for sale at $383M

The Hong Kong mansion where the late casino tycoon Stanley Ho lived with his first wife Clementina Leitão has been put on the market for HK$3 billion (US$383 million).

Posted on 05/05/2024

Aspiring homebuyers need to assess the risk

The real estate market is recovering slowly, but a big rebound is a distant hope with the Hong Kong Monetary Authority warning rates may stay high.

Posted on 04/05/2024

A Pinterest-driven Hong Kong micro-apartment with full-sized tub, roomy shower, built-in oven? Design duo make it a reality

Hong Kong apartment was remodelled to make the most of its living space and give it all the trappings of a more capacious home The one-bedroom property has a full-sized bathtub, spacious shower, three ...

Posted on 03/05/2024

Hong Kong Property Deals Hit Three-Year High in April

Real estate transactions registered in Hong Kong nearly doubled in April, hitting a three-year high, just months after the government took steps to revive the market. The number of deals surged to ...

Posted on 03/05/2024

Hong Kong property deals double to near 3-year high as scrapping of cooling measures spurs buying demand

Hong Kong’s property transactions came close to a three-year high in April, with 9,880 units changing hands according to official data, as the removal of cooling measures continued to boost demand.

Posted on 03/05/2024

Hong Kong hopes inclusion of Reits in the Stock Connect scheme could help close gap with Singapore

There are 11 Reits listed on the Hong Kong exchange, and all of them have property assets in Hong Kong and China. “Fund managers welcome the inclusion as it means that there is an expansion in the ...

Posted on 03/05/2024

Wall Street Journal cuts Hong Kong staff, shifts focus to Singapore

The Wall Street Journal has announced staff cuts at its Hong Kong bureau as it shifts its “center of gravity in the region” to Singapore, marking the latest blow to the financial hub’s once-thriving ...

Posted on 03/05/2024

Badly injured man who later died linked to 5 burglaries at remote Hong Kong Sea Ranch estate

Man found lying unconscious with severe head injuries on abandoned mattress at the private pier of Sea Ranch estate early on Wednesday Witness heard loud bang and saw an injured man being carried away ...

Posted on 02/05/2024

China property shares extends gains after government highlights clearing inventory

Representative Image HONG KONG: China property shares extended their gains on Thursday after the government said it would coordinate and improve policies to clear housing inventory and private data ...

Posted on 02/05/2024

HKMA warns high interest rates ‘may last for some time’ as it delays cutting the cost of funds in lockstep with US Fed

Hong Kong’s monetary authority said high interest rates may “last for some time” because America’s inflation remained stubbornly high, a situation which may weigh on the city’s mortgage borrowers, ...

Posted on 01/05/2024

Mainland Chinese companies most active group in Hong Kong’s flagging office rental market, Knight Frank report says

The appetite of mainland Chinese firms for premium space was not enough to stem a steady increase in the vacancy rate as more office premises came online and overall demand shrank.

Posted on 01/05/2024

First to Downgrade EVERGRANDE 3 Yrs Ago, UBS’s John Lam Now Turns Positive on CN Property

Bloomberg reported that John Lam, head of China and Hong Kong property research at UBS, said his view of China's property market has turned positive and expects a gradual recovery ...

Posted on 30/04/2024

Number of Hong Kong mortgage holders with negative equity soars to 20-year high, most since Sars epidemic

Hong Kong’s declining home prices dragged more mortgage borrowers into negative equity, putting them under greater financial strain as property prices show little prospect of rising amid a lethargic ...

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