In efforts to improve the vibrancy of Central, Hongkong Land will lead a more than US$1 billion ($1.36 billion) transformation of Landmark, Hongkong Land’s largest property in Hong Kong. Landmark is a ...
‘Race to the bottom’: Hong Kong home prices slump to multi-year lows as deal volume slides
Recent launches have sold poorly despite decade-low prices, while prices of lived-in flats hit a nearly eight-year low, according to JLL Hong Kong's lacklustre home sales are weighing on prices, with ...
‘Race to the bottom’: Hong Kong home prices slump to multi-year lows, with change far off
Recent new-home launches have sold poorly despite decade-low prices, while prices of lived-in flats hit a nearly eight-year low, according to JLL.
Mortgage applications fall 16.1% in May
However, the value of mortgages approved rose by 8.8%, according to official data. The number of mortgage applications in Hong Kong fell in May, although the total value of approved mortgages rose, ...
Hong Kong’s renewal of land leases expiring by 2047 ‘to boost confidence in city’: experts
More than 300,000 commercial, residential and industrial land parcels will be automatically extended for another 50 years upon expiration.
Hong Kong property tycoon Peter Lee, actor Andy Lau among 502 awarded in city honours list
Lee given top-tier Grand Bauhinia Medal along with four others including lawmaker Martin Liao and academic Lau Siu-kai.
This is the world’s most expensive city for overseas workers
Hong Kong has once again claimed the title of the ... highlighting that employees who spend a large chunk of their income on rent or mortgages have “less disposable income for other expenses.” ...
Hong Kong developers’ cash rebates of up to 50% draw regulator’s scrutiny
Housing authority says it has noticed developers' high commissions to agents to boost sales and that it could launch an investigation should the need arise Some Hong Kong developers are using cash ...
Hong Kong stocks slide as China industrial profit data sparks recovery worries
Hong Kong stocks slip after growth in Chinese industrial companies’ profits slowed triggering growth concerns.
China’s ‘too small’ property rescue leaves market wanting more
HONG KONG -- China's latest attempt to rescue its property market by buying up unsold homes and cutting mortgage rates has yet to revive confidence, while a slew of developers continue to grapple with ...
Bubble tea, hotpot vanish as mainland Chinese retailers bear the brunt of Hong Kong’s rent
The city’s famously high commercial property rents are a constant threat to the survival of retailers. In a post issued recently on its official Redbook account, LMM said the rents for its Hong Kong ...
Hongkong Land reinforces strategic position in Southwestern China with official launch of “The Ring, Chengdu”
Hongkong Land’s first wholly owned commercial property development in Chengdutargets a growing consumer base in the economic hub A retail pre-leasing rate of nearly 90% reflects strong demand for ...
Hong Kong’s New World Development touts US$4.5 billion in new loans, repayments
Company says it has secured multiple low-cost new loans to replenish its liquidity and increase the proportion of yuan loans as it seeks to control financing costs.
Hong Kong Judge Gives Property Firm Kaisa Time To Restructure Debt
Debt-hit Chinese developer Kaisa was given extra time to come up with a restructuring plan Monday as creditors sought to wind up the company, according to media reports.