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Category: PROPERTY

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 ...

Posted on 04/12/2023

China Evergrande seeks adjournment in Hong Kong court liquidation hearing

A lawyer for embattled property developer China Evergrande Group on Monday sought an adjournment of a Hong Kong court's hearing of a liquidation petition, saying no creditors were "actively seeking" a ...

Posted on 04/12/2023

Evergrande shares rise over 9% as court hearing to wind up property firm is postponed again

Shares of Evergrande Group rose over 9% as the beleaguered Chinese property firm's court hearing over its possible liquidation was postponed to Jan. 29, 2024. The firm was originally scheduled to face ...

Posted on 04/12/2023

Evergrande Winding-up Hearing in Hong Kong Adjourned Again

China Evergrande Group won breathing room to strike a restructuring agreement with creditors after a Hong Kong court again pushed back a decision on whether the world’s most-indebted property ...

Posted on 04/12/2023

Evergrande Sees Last Chance To Avoid Liquidation In Hong Kong Court

Chinese property giant Evergrande is due to present its restructuring plans in a Hong Kong court Monday, a deadline imposed by a judge for the heavily indebted company to avoid liquidation. Once China ...

Posted on 02/12/2023

Sun Hung Kai’s biggest weekend property sale since 2022 pays off, as homebuyers snap up flats at Yoho West amid strong demand

About 90 per cent of flats on offer this weekend at Yoho West, a joint project between SHKP and MTR Corp, are expected to be sold, according to agents Yoho West enticed more homebuyers because its ...

Posted on 02/12/2023

FWD HK unveils new retirement plan for HKMC’s programme

This collaboration expands retirement solutions in the market. FWD Hong Kong has introduced the Life Gala Insurance Plan, addressing the crucial need for comprehensive retirement planning. The plan ...

Posted on 02/12/2023

‘Mortgage rate war’ fuels unexpected rise in house prices – latest updates

Mortgage brokers have said a battle to offer the lowest mortgage ... Brent crude, the international standard, dropped 29 cents to $80.57 a barrel. Hong Kong’s Hang Seng dropped 0.5pc to 16,950.14, ...

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