Hong Kong continues to boast the world's costliest homes, edging out Zurich and Singapore despite a 20% decline in prices since 2020, a new report shows.
Hong Kong mortgage loans hit 12-month high of US$3.4 billion as low rates lure refinancers
Hong Kong’s approved mortgage loans surged to a one-year high in May as more homebuyers sought to refinance their existing loans amid lower bank rates, according to data from the Hong Kong Monetary ...
Why Property Giant New World Isn’t Out Of the Woods Despite Whopper Deal
Beleaguered Hong Kong property developer New World secured a HK$88.2 billion ($11.2 billion) loan on June 30, in an eleventh-hour deal that will have bankers across the city breathing a collective ...
Rebound in Hong Kong’s home prices unlikely to come this year: analysts
Analysts say a supply overhang in the city’s residential real estate market is likely to loom this year and next.
The Hong Kong property developer rushing to refinance billions of dollars in loans
New World Development borrowed money for projects that people inside and outside the company have characterised as “aggressive”. They include a HK$20bn (US$2.6bn) retail and office space near Hong ...
Hong Kong home prices little changed in May
Hong Kong's home prices largely stayed flat in May, government figures showed on Thursday, supported by falling mortgage rates. BY THE NUMBERS Private home prices edged up only 0.03% in May from the ...
Hong Kong Real Estate Firm’s Art Lending Deal with Sotheby’s Hits Snag
Meanwhile, Sotheby's has bolstered its art-lending services in Hong Kong since late last year, joining institutions like HSBC and Citi in offering loans against alternative assets ...
Hong Kong developer sought loans backed by Picasso, Warhol art
HONG KONG] A Hong Kong property dynasty that became one of the city’s most prolific collectors is discovering the limits of the burgeoning world of art-backed lending. Read more at The Business Times.
HK’s property market is stable, says Paul Chan
Financial Secretary Paul Chan says Hong Kong's property market is stable despite a protracted decline in prices, as interest rates are expected to ...
How tariff uncertainties will impact Hong Kong home prices
There is still a significant amount of unsold inventory. The Hong Kong residential market is currently influenced by several factors, including interest rates, the number of unsold units, and the ...
Hong Kong’s New World Development ‘actively engaged’ with creditors on loan refinance
Hong Kong's New World Development is actively negotiating with creditors to refinance substantial loans amidst growing concerns over its high debt ratio, potentially indicating a crisis in the ...
Bets on Hong Kong hotel assets jump as distress, tourism rebound lure investors
Hotel deals made up 45 per cent of commercial real estate transactions in the first three months of the year, the busiest quarter on record.
Hong Kong considers easing construction rules to tackle student hostel shortage
Authorities may simplify regulations for converting commercial buildings into student housing as the government promotes ‘Study in Hong Kong’ initiative.
Hong Kong property transaction volume hits HK$14b in the first five months of the year
Over half of the activity came from the office sector. Russell Lam, Knight Frank’s Executive Director for Capital Markets, revealed that in the first five months of 2025, properties valued at HK$100 ...