Sunac is following in the footsteps of Evergrande, which sought Chapter 15 protection last month Creditors holding 98.3 per cent of Sunac's outstanding bonds have approved a restructuring plan ...
Sunac, Country Garden debt deals bring respite for China’s property sector
Chinese developers Sunac and Country Garden brought some relief to the crisis-hit property sector by forging debt deals with creditors, but the outlook remained clouded by uncertainty about a recovery ...
As Singapore’s soaraway rental boom cools, Hong Kong rents start to heat up
The contrast between two of Asia’s prime financial hubs underscores Hong Kong’s path to recovery from the pandemic as Singapore’s policy measures to tackle soaring property prices start to bite.
Chinese Stocks in Hong Kong Drop as Property Woes Sour Sentiment
Chinese stocks listed in Hong Kong began the week with losses as persistent concerns about the health of the property sector offset optimism spurred by signs of stabilization in some other parts of ...
Hong Kong office landlords grapple with ‘irreversible’ hybrid work trend amid high vacancy rates, supply glut
Flex space provider IWG says it is adding locations rapidly in the Greater Bay Area as property owners seek to capitalise on the trend. Major landlords Hongkong Land and Swire Properties also have ...
Third Hong Kong property found with illegal structures at luxury estate
A third property at an upmarket housing estate was found to have been fitted with a three-storey illegal structure, the Buildings Department has revealed, after a landslide triggered by record rains ...
Hong Kong concern group finds 173 luxury houses citywide suspected to be occupying government land, calls for authorities to take action
Survey follows controversy over three properties at luxury estate Redhill Peninsula in Tai Tam, with breaches found after landslide prompts inspections.
Celeb couple Anita Yuen and Julian Cheung purchase property in HK for RM5mil
The unit was previously sold to someone for RM4mil in 2014, marking a RM1mil increase in value since nine years ago.
Hong Kong concern group finds more than 173 luxury houses citywide suspected to be occupying government land, calls for authorities to take action
Survey follows controversy over three properties at luxury estate Redhill Peninsula in Tai Tam, with breaches found after landslide prompts inspections.
Custom furniture, vintage finds: rented flats in Hong Kong do not have to be boring or bland – with a light touch you can change the vibe
Clever take-with-you design details can transform bland rented flats into distinctive homes – as showcased in two Hong Kong properties.
Hong Kong developer Sino Land wins Kai Tak land tender with a US$676 million bid, a nine year-low, beating a crowded field of rivals
Sino Land outbid its rivals with a winning price of HK$5.3 billion for a plot of land in Hong Kong’s Kai Tak neighbourhood, which some analysts said was conservative given the stagnating economic ...
Hong Kong Property: Challenged But Resilient
The Hong Kong property market, known for its high prices, is navigating challenges due to factors like rising rates, slow post-COVID recovery and close ties to mainland China. The office sector in ...
Hong Kong Stocks Begin With Gains
Hong Kong edged up at Wednesday's open following five straight losses, with struggling property firms extending a recent rally, while focus turns to US consumer price data later in the day.
Hong Kong Evacuates Residents From Luxury Homes After Landslide
Hong Kong authorities evacuated residents from a luxury residential complex after record rains caused a landslide. They are also investigating the possibility of illegal structures and occupation of ...