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Category: PROPERTY

Posted on 15/03/2023

Abby Choi murder: Hong Kong authorities vow to tackle public housing abuse after model’s ex-father-in law found to own luxury home and subsidised flat

Housing chief pledges to review eligibility rules under Home Ownership Scheme to close loophole that allows wealthy public housing tenants to buy subsidised flats Housing Bureau earlier admitted the ...

Posted on 15/03/2023

China’s Jan-Feb property investment falls at slower pace

Around half of the 30-odd Chinese developers listed in Hong Kong have defaulted on or delayed bond payments. At the beginning of the annual meeting of China's parliament last week, the government made ...

Posted on 15/03/2023

Property investment on mainland falls at slower pace

The nation's property investment fell at a slower pace over the first two months of 2023, official data showed on Wednesday, showing signs of ...

Posted on 15/03/2023

China Property Bulls See Silver Lining Behind Earnings Debacle

China property bulls are looking past what’s likely another disastrous earnings season for the nation’s embattled developers, betting on a recovery as green shoots emerge in sales. Sixteen of Hong ...

Posted on 14/03/2023

SVB collapse: Hong Kong property market, economy could benefit from expected pause in US interest rate increases

Five out of eight analysts in Hong Kong polled by the Post say they expect Fed to not raise interest rates on March 22 No rate rises will benefit Hong Kong's property market and overall economy, ANZ ...

Posted on 11/03/2023

Creditors Look to Sell Evergrande Chairman’s Hong Kong Mansion for HK$800 Million

Located in The Peak, the city’s most prestigious neighborhood, the mansion has 5,171 square feet and sweeping views ...

Posted on 11/03/2023

Hong Kong property: border reopening not quite the magic bullet hoped for, JLL report suggests

Transactions involving buyers from outside Hong Kong were still dramatically lower in January than in pre-pandemic times, JLL's data shows Interest from Hongkongers looking to buy property in the ...

Posted on 10/03/2023

Hong Kong property: market remains stuck in doldrums as city’s border reopening is not quite the magic bullet hoped for, JLL report says

Transactions involving buyers from outside Hong Kong were still dramatically lower in January than in pre-pandemic times, JLL's data shows Interest from Hongkongers looking to buy property in the ...

Posted on 10/03/2023

China Evergrande chairman’s seized Hong Kong mansion put up for sale

A $112 million mansion in Hong Kong that belonged to China Evergrande Group's chairman has been put up for sale by its receivers, property agents said on Thursday.

Posted on 07/03/2023

Hong Kong loses luster as retail units go vacant and big brands look to China

Glitzy Hong Kong shopping streets once packed with luxury stores now have about half of their shop units sitting vacant, according to property management companies ...

Posted on 07/03/2023

Mother of slain Hong Kong model Abby Choi seeks court injunction to stop murder suspect from selling HK$73 million luxury flat

The mother of slain Hong Kong model Abby Choi Tin-fung has sought a court injunction to forbid the socialite’s former father-in-law from selling a HK$73 million (US$9.4 million) luxury flat her ...

Posted on 06/03/2023

Abby Choi’s father-in-law’s case prompts Hong Kong authorities to review asset policy for subsidised flat buyers

Kwong Kau had HK$73 million property in his name when purchasing subsidised flat sparking concerns about loopholes in policy Permanent Secretary says government has not checked income and assets of ...

Posted on 04/03/2023

A lorry driver’s hunt for a home – and what that says about Hong Kong’s property market

Due to Covid-19 lockdown and an exodus of residents, homes are now within reach for some of those who have stayed behind. Read more at straitstimes.com.

Posted on 04/03/2023

Splatter-proof room, pots of human soup: The grisly murder of Hong Kong model Abby Choi

The killing of local influencer Abby Choi, who recently appeared on the digital cover of L'Officiel Monaco fashion magazine, has gripped daily tabloids after she disappeared last Tuesday. Police ...

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