International property agents say sales increased this year as the yen fell to multi-decade lows against the Hong Kong dollar. ( read original story ...)
Smallest flats see brisk demand at first Hong Kong home sale after Xi speech underlining desire for larger homes
The sales come less than a fortnight after Xi says in a speech that: “At present, what the people of Hong Kong desire the most is a better life, a bigger flat, more business start-up opportunities, ... ( read original story ...)
How to fulfil Xi Jinping’s wish list for Hong Kong? Ask the people what they think
First, Xi said, Hong Kong should improve governance – which could be interpreted as a push for administrative reform of the government to achieve “satisfactory performance.” Effective governance, ... ( read original story ...)
DBS Hong Kong launch Green Mortgage
Customers can earn cash rebates of up to 0.1% upon successful application. DBS Bank (Hong Kong) has launched Green Mortgage, a 100% digital mortgage product for customers who purchase homes rated by ... ( read original story ...)
Cheaper Yen Lures Hong Kong’s Rich to Japanese Real Estate
Encouraged by a weaker yen, Hong Kong investors are hunting for Japanese real estate, snapping up luxury second homes on Tokyo’s waterfront and seeking steady rental yields from studio apartments in ... ( read original story ...)
Kaisa CEO’s Hong Kong luxury home fetches HK$300 million as Chinese developer sells assets to pare debt
Mai Fan, the previous owner, bought the villa in 2017 for HK$350 million through Million Link Development The company's receivers sold the 3,953 sq ft two-storey villa in Pok Fu Lam at a discount of ... ( read original story ...)
The most expensive mansion in the world sold for $111 million in Hong Kong
A tasteful six-bedroom mansion broke this year’s record as the most expensive house sold in the world. The estate is ... ( read original story ...)
Former Savills Hong Kong director joins Centrick
A former director of Savills in Hong Kong has joined the valuation team at commercial and residential property specialist Centrick. ( read original story ...)
New Chief Executive, John Lee, must streamline planning process, boost transitional homes to address Hong Kong’s housing crisis, experts say
The city's new leader should also aim to cut the amount of red tape so that residential units can be churned out at a faster pace, say property analysts The average waiting time for a public rental ... ( read original story ...)
Hong Kong’s Hysan Development, Swiss flexible office giant IWG eye expansion of their co-working spaces in the Greater Bay Area
Hysan and IWG's joint venture currently operates 34 flexible office centres across Hong Kong and the bay area and is looking to increase this A recent survey by IWG found more than three quarters of ... ( read original story ...)
Hong Kong’s chief executive focuses on keeping public housing waiting time from increasing – but experts says 10,000 more flats needed a year
Leader's goal 'realistic', when wait more than double government's pledge of 3 years, says Federation of Public Housing Estates chief Researcher concerned government will shorten waiting times at the ... ( read original story ...)
Why Hong Kong’s billionaire factory is broken
Real estate has always been at the centre of some of Hong Kong’s legendary rags-to-riches stories, but the number of mega-rich are drying up. ( read original story ...)
Hong Kong raises prospect of Shenzhen border easing by Aug 4
Hong Kong's new health secretary said on Monday he hoped the border with Shenzhen would reopen before Aug. 4, a move that would mark a significant relaxation of China's strict border controls, ... ( read original story ...)
Chinese property developer Shimao misses repayment on US$1 billion bond
Chinese developer Shimao Group has missed the interest and principal payment of a US$1 billion offshore bond due on Sunday in the latest blow to China’s embattled property market. Shimao was unable to ... ( read original story ...)