HONG KONG, July 11 (Reuters) - Higher-for-longer interest costs ... Distressed properties are either on the brink of foreclosure, or already have been repossessed by the mortgage lender. They could ...
Analysis-China tries to hit more birds with one stone in property rescue push
After Beijing ordered Chinese cities to buy newly-completed apartments and turn them into affordable housing, the first steps they took were to unveil plans to broaden eligibility for subsidies and ...
Hong Kong developers keep pricing flats to move amid supply glut, high rates
New price lists from New World Development, Far East Consortium and Early Light International undercut recent nearby sales by up to a third amid buyer’s market – for those who can stomach the interest ...
Hong Kong Tycoon Adrian Cheng to List His Venture Fund in Switzerland
Hong Kong property tycoon Adrian Cheng is listing his venture fund C Capital on the Swiss Stock Exchange through a merger.Most Read from BloombergTrump Shooting Changes Biden’s Plan to Revive 2024 ...
Hong Kong’s New World, Far East primed for sell-out at Pavilia Forest I amid strong demand
This weekend’s sale show how the city’s property developers continue to cough up significant discounts to entice homebuyers.
Family sells The Peak villas at 35% discount as Hong Kong’s property woes hurt city elite
The proceeds from the sale of the town houses on 46 Plantation Road will be used to repay a private loan of as much as HK$1.6 billion due in January 2025, a source said.
Hong Kong property: fire sales dominate 1st-half commercial deals as debt weighs on owners
Distressed commercial property sales accounted for HK$16.8 billion (US$2.1 billion) or 73 per cent of the total deal value in the first half, versus 10 per cent in previous years, CBRE says.
Hong Kong property: fire sales dominate first-half deals as debt stress weighs on owners
Distressed property sales accounted for HK$16.8 billion (US$2.1 billion) or 73 per cent of the total deal value in the first half, versus 10 per cent in previous years, CBRE says.
Hong Kong’s US$1.3 billion pile from residency scheme a boon for family office hub goals
The city's investment migration scheme has received 346 applications from investors looking to inject over HK$10 billion in the city's markets Hong Kong has attracted more than HK$10 billion (US$1.3 ...
New law to extend Hong Kong government land leases is in force; the Post examines the process
Extension of Government Leases Ordinance designed to cope with more than 300,000 commercial, residential and industrial leases scheduled to expire in 2047 A new law designed to automatically renew ...
First batch of 376 Hong Kong land leases to be renewed beyond 2047 under new mechanism
Ordinance gazetted on Friday will allow 50-year extensions to take leases beyond crucial 2047 date, in move hailed by lawmakers and industry.
Hong Kong’s New World, Far East slash prices at Pavilia Forest I flats to 8-year low
Hong Kong’s recent property launches have been discounted by as much as 10 per cent, compared with similar projects in 2015, according to data tracked by JLL.
Hong Kong office tower seized from tycoon Chen Hongtian put up for new round of bidding
Valued at US$896 million in 2022, the waterfront office tower in Hung Hom was seized by creditors in early 2023 Hong Kong commercial property One HarbourGate East Tower in Hung Hom, among a series of ...
Hong Kong’s San Tin Technopole needs more private flats to draw talent, developers say
Developers say 7:3 ratio for public-to-private flat supply should be adjusted for proposed innovation hub in New Territories.