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 ...
Is Hong Kong’s New World Too Big to Fail?
New World Development Co.’s financial distress is creating angst just as Hong Kong is starting to regain its feet. The real estate developer’s systemic importance is of great concern to residents, ...
138 luxury apartments sold at record-low prices within hours at Hong Kong project led by billionaire Cheng family’s New World
The first batch of apartments at the Deep Water Pavilia luxury residential project, built by a New World Development-led consortium in southern Hong Kong Island, sold out within hours at record-low ...
Hong Kong homebuyers snap up all flats on offer at Deep Water Pavilia amid discounts
As of 1pm, 75 of the 138 flats on offer at the New World-led luxury residential project in Wong Chuk Hang had been sold.
Hong Kong lawmakers back criminalising of subletting public rental flats
Secretary for Housing Winnie Ho stresses amended law will not cover normal interactions with neighbours, such as tutoring.
Debt crunch at New World stokes risk of ‘downside scenario’ in Hong Kong home prices: S&P
Decision to defer coupon payments on four series of perpetual bonds threatens a bigger drop in home prices, rating firm says.
Hong Kong’s stock market has revived but what of the property sector?
The decline in the city's interbank offered rates should be good news for the real estate sector but its underlying problems remain acute Hong Kong needs all the help it can get. Since 2018, the city ...