Property developers in Hong Kong are pushing for a complete ban on smoking at worksites, following last week's deadly fire at Wang Fuk Court in Tai Po. Residents say workers had been seen smoking ...
ISS, property manager in Hong Kong fire case, defends ‘admin role’, watchdog disagrees
Property Management Services Authority vows to rigorously follow up on any suspected breaches in wake of deadly Wang Fuk Court fire.
Hong Kong fire expected to be credit-negative for reinsurers
AM Best expects a material portion of the gross incurred loss from the deadly Hong Kong apartment fire to be transferred to reinsurers. This could halt downward pressure on Hong Kong property ...
300 mortgage loans linked to Wang Fuk Court: HKMA
The Hong Kong Monetary Authority (HKMA) says about 300 residential mortgage loans are related to fire ravaged Wang Fuk ...
No role in renovations, says Danish facility management group ISS amid scrutiny over Hong Kong fire
Danish facility management group ISS said on Tuesday (Dec 2) its unit had been the property manager for a Hong Kong building complex hit by the city's deadliest fire in decades, but had no role in ...
Best’s Commentary: Hong Kong Fire Expected to be Credit Negative for (Re)Insurers
AM Best expects a material portion of the gross incurred loss in the deadly Hong Kong apartment fire to be transferred to reinsurers, which may halt downward pressure on Hong Kong property reinsurance ...
Hong Kong property viewing dips following deadly fire as city pauses to mourn
Hong Kong’s worst residential fire in history has cast a shadow over property sentiment, but the overall impact on the home market is likely to prove temporary because broader economic fundamentals ...
Hong Kong fire poses test for China’s grip on the city
Hong Kong’s sky-high property prices have long been a trigger for discontent and the tragedy could stoke resentment towards authorities.
Hong Kong Buildings Blaze Kills 36, Nearly 300 Missing
HONG KONG (Reuters) -At least 36 people were killed and 279 were missing on Wednesday after Hong Kong's deadliest fire in three decades ripped through high-rise residential towers sheathed in ...
Hong Kong developers Sino Group, NWD delay home sales after devastating Tai Po fire
Hong Kong’s developers have postponed property sales scheduled for Friday as the city mourns the deaths of dozens of residents in a devastating fire that broke out in Tai Po. Sino Group and New World ...
Joy City’s Hong Kong delisting throws mainland China’s property strains into relief
Cofco's Joy City Property is quitting the Hong Kong bourse after 12 years, joining the wave of mainland developers that have already exited When the Hong Kong stock market closes at 4pm on Thursday, ...
Hong Kong’s monetary authority eases commercial property mortgage rules for the first time since 2009 as market cracks under recession
The Hong Kong Monetary Authority will ease financing rules for the first time in more than a decade to make it easier to afford non-home real estate, helping to ease a property glut amid the city's ...
HKMC issues record HK$25.3bn public bond
Proceeds from HKMC’s largest public bond offering will be used to help Hong Kong's elderly unlock the value of properties for livelihood needs and boost the silver economy.
How Hong Kong’s ‘cursed homes’ twist hot property market logic
In Hong Kong’s ultra-priced property market, where a square meter can exceed 26,000 euros, superstition has become as decisive as supply and demand: a single death can slash the value of a home by up ...