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Tag: mortgage

Posted on 30/05/2025

New World Gets More Bank Commitments for Loan Refinancing

Embattled Hong Kong property developer New World Development Co. has landed more vows from banks to help with a HK$87.5 billion ($11.2 billion) loan refinancing deal, bringing commitments to about 40% ...

Posted on 28/05/2025

Hong Kong’s Gale Well continues asset-sale plan with US$66 million luxury Stanley property

The deleveraging property investor has sold a number of properties recently, while other assets remain on the market Hong Kong property investment firm Gale Well Group put a luxury property site in ...

Posted on 27/05/2025

Hong Kong’s Gale Well reels from market downturn, loses US$6.5 million on 2 asset sales

The real estate investment firm has sold a number of properties in the last few months, while some of its assets are still on the market Hong Kong property investment firm Gale Well Group, which has ...

Posted on 27/05/2025

Japanese retailers like 3Coins capitalise on Hong Kong’s retail property slump to expand

Osaka-based 3Coins store to open in mid-July in Hysan Place; firm plans to sell Japanese grocery products and other items.

Posted on 25/05/2025

Capital from Hong Kong, mainland China sets sights on Dubai, Abu Dhabi property

Inquiries from Chinese buyers surge and Hong Kong's Gaw Capital and Black Spade Capital make investments The property market in the Middle East, particularly in the United Arab Emirates (UAE) cities ...

Posted on 24/05/2025

Hong Kong homebuyers flock to latest Sierra Sea units as mortgage rates ease

The temporary truce in the tariff wars between the US and China also helped improve sentiment in the property market, according to agents.

Posted on 23/05/2025

Hong Kong property tycoon fetches HK$72.9 mil in wine auction

Joseph Lau, the former chairman of Hong Kong real estate firm Chinese Estates Holdings, is a well-known collector. The sale offered more than 200 lots of wine.

Posted on 23/05/2025

Hong Kong property tycoon’s wine collection fetches US$9.3mil at auction

Hong Kong businessman Joseph Lau sold a collection of fine wine for HK$72.9 million (US$9.3 million) in an auction, fetching more than $41,000 a bottle for some rare French vintages.

Posted on 22/05/2025

Hong Kong developer CK Asset set to weather ‘stress test’ conditions, chairman says

The group is financially healthy and has a war chest to cope with unforeseen events as Hong Kong endures a ‘stress test’, Victor Li says.

Posted on 22/05/2025

Casino Magnate Lawrence Ho Invests In Hong Kong Real Estate Broker IFCX

Lawrence Ho’s investment in IFCX marks his latest bet beyond the casino empire he built across Macau, the Philippines, Cyprus and Sri Lanka.

Posted on 21/05/2025

Hong Kong’s Rich Families Sell Their Own Dwellings to Cut Debt

Hong Kong’s rich families are learning about the unpredictability of market downturns. Now some have to sell the homes they live in to cut debt.

Posted on 20/05/2025

Receivers put US$55 million home of Hong Kong’s ‘Cassette King’ on sale amid housing gloom

Sea-view property in Pok Fu Lam handed to receivers last week, according to Land Registry records; expressions of interest to end on July 8.

Posted on 18/05/2025

Hong Kong property: new pricing weighs on home market as tariff war hurts demand

Projects in New Territories are being priced below second-hand properties, while mainland Chinese buyers are driving demand in Kowloon.

Posted on 15/05/2025

Hong Kong’s top developer sells out homes in hours as rates fall

A drop in interest rates is helping the city’s residential sales. Read more at straitstimes.com. Read more at straitstimes.com.

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