The demand for rental homes in several prominent districts of Hong Kong struck an all-time high in July as an influx of mainland China professionals and graduates fuelled demand.
Hong Kong’s Property Market Is a Mess—and the Fed is Partly to Blame
Hong Kong’s notoriously expensive property market is often seen as a barometer of the city’s economy. It isn’t looking good.
Hong Kong property: mortgage loans for homes under construction fall to lowest in 17 years as rising interest rates stifle transactions
The number of new mortgage loans on residential properties in Hong Kong has dropped dramatically this year, new figures show, as rising interest rates and economic uncertainty stifle the property ...
In a first, Hong Kong residents can co-own a home in Shenzhen with family members as China’s tech hub eases rules
Hong Kong residents with family members holding residence permits in Shenzhen are eligible for the first time for government-subsidised housing after authorities relaxed rules to help low-income ...
Hong Kong homeowners slash prices as they race to sell before property values fall further
Homeowners in Hong Kong are offering steep discounts as they race to offload their properties quickly before the market falls further. In a recent case that underscores the trend, a seller in Tai Po ...
Jardine company earnings held back by Hong Kong property
A number of Bermudian-listed and domiciled Jardine companies reported earnings on Friday, with strong indicators of post-pandemic recovery somewhat balanced by sizeable investment losses. These ...
Hong Kong developer Hang Lung Properties reports 23 per cent profit growth in first half but warns of ‘clouds’ in outlook
Net profit rose to HK$2.39 billion (US$306 million) in the first half, while total revenue dropped 1 per cent even as mall revenue rebounded. Still, ‘plenty of uncertainties’ persist, both ...
Analysis-Words only go so far: Investors want property fixed before buying China
For all the excitement whipped up in China's markets by the Politburo last week, foreign investors say policymakers' words will have to be matched by substantive action to clean up an ailing property ...
Hong Kong and Malaysia sign 11 deals, including 1 involving MTR Corporation, as John Lee wraps up week-long Asean trip
Malaysia and Hong Kong’s MTR Corporation will work together on property developments for a transit rail project linking Johor Bahru and Singapore.
Hongkong Land H1 underlying profit flat at US$422 million
PROPERTY group Hongkong Land on Friday (Jul 28) reported underlying profit of US$422 million for the first half of 2023, marginally down from US$425 million a year ago, amid lower planned sales ...
Hong Kong home prices weaken again as interest-rate hikes, mortgage pain, new supply undermine market recovery
Home prices slipped again in June, official data showed, as rate hikes, higher mortgage repayments and fresh supply of new flats undermined the city’s property market recovery last quarter.
Hong Kong home prices fall again in June as interest-rate hikes, mortgage pain, new supply undermine market recovery
Home prices slipped again in June, official data showed, as rate hikes, higher mortgage repayments and fresh supply of new flats undermined the city’s property market recovery last quarter.
Hong Kong home prices ease in June for a second straight month
Hong Kong home prices fell 0.5 per cent from May, easing for a second consecutive month, hurt by expectations of more interest rate hikes and weak consumer confidence in the city's economic ...
Hong Kong woman dies after quarrel with sisters over sale of property leads to flat fire
The 58-year-old tenant of the flat in Lok Shun House at Tsz Lok Estate in Tsz Wan Shan was certified dead at 11.34pm on Monday after she was sent to Prince of Wales Hospital a day earlier when the ...