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.
Hongkong Land reimagines Landmark
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 ...