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Category: PROPERTY

Posted on 21/06/2023

Hong Kong’s Kerry Properties wins downtown Shanghai land tender for US$1.25 billion

The site in Shanghai’s central Huangpu district is next to a parcel it acquired for US$1.86 billion in January last year and will form phase 2 of a larger project, Kerry says in exchange filing.

Posted on 20/06/2023

Hong Kong Dollar One-Month Rate Climbs to Highest Since 2007

The cost for banks to borrow Hong Kong dollars from each other for a month rose to the highest level since 2007 after prolonged currency intervention shrank the city’s liquidity pool and demand for ...

Posted on 19/06/2023

Man who stayed in one of Hong Kong’s ‘coffin homes’ couldn’t even fit on the bed

A man stayed in one of the 'coffin homes' in Hong Kong and it was so small that he couldn't even fit on the bed.

Posted on 17/06/2023

Hong Kong’s appetite for new homes is almost sated as weekend sale washes out amid looming property supply

In Tuen Mun, Sun Hung Kai Properties sold 83 per cent of the 223 flats in Phase 2A of its Novo Land project, a setback compared with last week Over at Ho Man Tin, Chinachem Group found just one buyer ...

Posted on 16/06/2023

With Hong Kong’s property market reeling from falling deals and prices, an uptick in rates will dampen mood further, analysts say

An elevated interest-rate environment is likely to weigh on Hong Kong’s secondary housing market until next year, given the possibility of further rate hikes by the US Federal Reserve and its ...

Posted on 16/06/2023

Hong Kong stocks extend gains with Beijing seen injecting more liquidity, reviving property sales

Hong Kong stocks extended gains, sending the benchmark gauge to a one-month high with investors confident that China will ramp up stimulus measures to bolster growth after a series of dismal economic ...

Posted on 15/06/2023

Hong Kong’s housing crisis: what you need to know about a new public-private partnership to tackle the problem

Housing minister Winnie Ho says developers could help boost construction capacity and efficiency, as well as unleash private land potential.

Posted on 15/06/2023

Hong Kong keeps base rate unchanged as HKMA hits pause in spiralling funding costs for the first time since March 2022, warns about uncertain road ahead

Hong Kong’s monetary authority kept its base rate unchanged for the first time since March 2022, following the Federal Reserve’s move to stagger potential further increases after 10 consecutive hikes, ...

Posted on 15/06/2023

From cages to drainpipes: the homes that defy Hong Kong’s housing crisis

Luxury properties are always available for those that can pay, but there's an increased demand for luxury on a smaller scale in Hong Kong. This narrow flat is in a new property development in the ...

Posted on 13/06/2023

Hongkong Land Is Still Our Asian SWAN

Hongkong Land has strong fundamentals and good potential prospects from China properties. Click here to see why the stock is a Buy.

Posted on 13/06/2023

Chinese man arrested over anti-US graffiti at US Consulate in Hong Kong, police say

Hong Kong police have arrested a man who allegedly spray-painted graffiti on the wall and gate of the U.S. Consulate ...

Posted on 12/06/2023

Maximize Your Property Investment with Free Valuation Services in Hong Kong

Property valuation, a vital process for property buyers and sellers, holds the key to understanding the true worth of a property. In the ever-changing ...

Posted on 11/06/2023

ChatGPT disrupts Asian property industry, but it’ll be a while before an AI agent sells you a home

AI-based property agents are still in the realm of science fiction, but artificial intelligence is disrupting the industry as companies invest to explore its advantages and limitations – and how the ...

Posted on 11/06/2023

‘Depressed moments’: Hong Kong fund seeks £1 billion from Asian investors to acquire UK pub, hotel, housing assets

Fund seeks outside investors from Hong Kong, mainland China and Southeast Asia to bet on UK commercial assets at 'depressed moments' in industry Venture counts the heir of SaSa cosmetics retail chain ...

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