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Category: PROPERTY

Posted on 08/12/2023

Open House: Hong Kong’s Property Downturn May Yet Save Century-Old Townhouse

The four-story 1920s townhouse in Hong Kong’s Mid-Levels district survived Allied bombing runs during the war. It escaped the demolition wave of the 1970s and ’80s, which replaced the hillside ...

Posted on 08/12/2023

Buying property in Asia? Real estate specialists give their investment tips

Peter Churchouse of Portwood Capital said now may be a good time to buy a property in Hong Kong if you're looking to own a home. But "Hong Kong is not the place" if investors are looking for good ...

Posted on 07/12/2023

Consulates, global bodies in Hong Kong must win approval from China’s foreign ministry to extend property leases

Government reveals new arrangement for consulates and high-level international bodies to gain approval for extending leases for properties they own Development Bureau does not name consulates ...

Posted on 07/12/2023

Hong Kong Billionaire Cheng Family Boosts New World Stake

Hong Kong billionaire Henry Cheng’s family increased its stake in property developer New World Development Co. this week, according to a person familiar with the matter, as the company’s shares ...

Posted on 07/12/2023

Giant Chinese property developer Evergrande given stay of execution

There is concern that an Evergrande liquidation could severely impact the ability of other corporations, not only highly indebted real estate developers, to raise money in international financial ...

Posted on 07/12/2023

Moody’s changes Hong Kong’s outlook from stable to negative

Moody's on Wednesday (Dec 6) downgraded its outlook on Hong Kong from stable to negative, a day after cutting China's credit outlook citing costs to bail out local governments and state firms or to co ...

Posted on 07/12/2023

Carson Block Shorts Blackstone Publicly Traded Mortgage REIT

Carson Block said he’s short Blackstone Mortgage Trust, saying the publicly traded real estate investment trust is exposed to a perfect storm of economic conditions hitting commercial real estate and ...

Posted on 06/12/2023

Hong Kong Takes On Rich-Gone-Rogue in Illegal Building Crackdown

In a September storm that unleashed Hong Kong’s heaviest rainfall in more than a century, tons of dirt, rocks and debris tumbled into the sea below Redhill Peninsula, a three-decade-old development of ...

Posted on 06/12/2023

Hong Kong court strikes down complaints of bias against judge who convicted protester over carrying zip ties

High Court panel of judges find insufficient evidence to back up complaints against Magistrate Cheang Kei-hong over detention centre order for then-student in 2020.

Posted on 05/12/2023

Hong Kong housing prices must fall further for homes to be affordable

Readers discuss a truer measure of affordability amid the latest price correction, Hong Kong children's lack of exercise, and the death of Henry Kissinger Feel strongly about these letters, or any ...

Posted on 05/12/2023

Why now is the best time to buy Hong Kong property in 15 years

It seems as if we say it every year, but 2023 has been quite a year for Hong Kong property. Despite caution in the market and lingering naysayers, real estate is presenting the kind of opportunity ...

Posted on 04/12/2023

How Hong Kong’s retail sector can up its game on the road to recovery

Hong Kong’s retail sector is failing to respond quickly enough ... While there are headwinds – the sharp rise in mortgage rates that is squeezing disposable incomes, the global slowdown and mainland ...

Posted on 04/12/2023

Hong Kong court adjourns Evergrande’s winding-up hearing until January 29, giving world’s most indebted developer another reprieve

China Evergrande Group, the most indebted property developer in China with US$328 billion of liabilities, was granted another reprieve after a Hong Kong court on Monday adjourned a hearing, allowing ...

Posted on 04/12/2023

China Evergrande liquidation hearing in Hong Kong court adjourned to Jan. 29

A hearing into a liquidation petition against China Evergrande Group was adjourned in a Hong Kong court to next month, with the judge asking the embattled developer to hold discussions with relevant ...

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