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Category: PROPERTY

Posted on 19/05/2023

Hong Kong land sale could fetch US$294 million for Kennedy Town plot expected to yield 450 flats

Leung echoed the view that developers may bid more conservatively than in the past because of higher financing costs amid the current high interest rates, as well as slow sales in the primary Hong ...

Posted on 19/05/2023

Hong Kong proposes speeding up land lease renewal process, with 300,000 set to expire by 2047

Hong Kong authorities have proposed speeding up the land lease renewal process through a new law as more than 300,000 are set to expire by 2047, 50 years after the city’s return to Chinese sovereignty ...

Posted on 17/05/2023

Hong Kong treasury chief stonewalls calls for more relief measures for homebuyers as Legco approves stamp duty bill

Secretary for Financial Services and the Treasury Christopher Hui says stamp duty bill will benefit about 37,000 homebuyers.

Posted on 17/05/2023

Hong Kong’s ageing population time bomb to leave a shortage of 60,000 residences for the elderly by 2032: JLL

With Hong Kong set to face a shortage of over 60,000 residences for the elderly by 2032, the government needs to create enough accommodation to defuse the ‘huge social problem’, according to JLL’s ...

Posted on 17/05/2023

10 convicted of rioting during 2019 Hong Kong protests sentenced to up to 58 months in jail

A total of nine defendants sentenced in the District Court on Tuesday were convicted in April of rioting during a large-scale disturbance near the Polytechnic University (PolyU) campus in Hung Hom on ...

Posted on 17/05/2023

Hong Kong Disneyland Resort Announces Opening Date for World of Frozen Land

Hong Kong Disneyland Resort announced that the amusement park’s new Frozen-themed land would debut in November.

Posted on 16/05/2023

Hong Kong Courts Recognise Cryptocurrency As Property.

Hong Kong Courts Recognise Cryptocurrency As Property. Legal News and Analysis - Hong Kong - Banking & Finance - ...

Posted on 16/05/2023

Baidu, JD.com lead Hong Kong stocks as famous money manager buys tech and investors bet on more Beijing support

KGI’s head of strategy based in Hong Kong. Investors are betting on supportive government monetary policies, he added. Meanwhile, Moody’s Investors Service has for the first time in about two years ...

Posted on 16/05/2023

Hong Kong resident given life sentence for espionage

Born in May 1945, Leung holds permanent residency in the Hong Kong Special Administration Region and also possesses a United States passport, the court said. According to provisions of the Criminal ...

Posted on 15/05/2023

Hong Kong Mortgage Battle Sees Banks Go Big on Cash Handouts

Fierce competition for new mortgage customers is driving banks in Hong Kong to offer the highest cash rebates in nearly two decades. Most Read from BloombergTurkey Latest: Erdogan Says Unclear If Vote ...

Posted on 15/05/2023

HSBC, Standard Chartered among top Hong Kong banks raising prime rates as HKMA warns of pressure on local funding costs

HSBC led Hong Kong’s biggest banks in raising their lending rates to the highest level since early 2008, following policy rate hikes at home and in the US. Homeowners will face another round of ...

Posted on 13/05/2023

‘Hiding mistress in a golden house’: Hong Kong wife’s conundrum after mainland spy trip to expose ‘cheating’ husband conceals home buying plan

Frequent visits to mainland China by husband of Hong Kong woman prompt her to play detective and tail him on one of his trips Wife's curiosity leads to an unexpected outcome when she discovers it is a ...

Posted on 12/05/2023

Hong Kong tycoon Joseph Lau’s eldest son, Lau Ming-wai, puts two houses on The Peak on sale for almost HK$1 billion (US$127.5 million)

The younger Lau, chairman of Hong Kong-listed developer Chinese Estates Holdings, has appointed Centaline Property Agency to market houses A and D at 31 Barker Road, according to documents seen by the ...

Posted on 12/05/2023

Hong Kong’s Gaw Eyes More Japan Property Deals on TSMC Push

Hong Kong-based private equity firm Gaw Capital Partners is keen on real estate deals in Japan’s western island of Kyushu, citing the opportunity that Taiwan Semiconductor Manufacturing Co. factories ...

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