Li-Ning, China’s biggest sportswear manufacturer, bought a 25-storey mixed office and retail building in North Point from Henderson Land for HK$2.2 billion (US$282 million), to house its headquarters ...
How to Apply for a Citibank Mortgage?
A mortgage loan is a type of secured loan you can apply for when you want to purchase a home or property but do not have sufficient funds to pay for it upfront. Citibank offers multiple mortgage ...
Like Hong Kong, Malaysia grapples with ‘grave pit’-sized homes as high living costs bite
Malaysia has enough laws to deal with illegal renovations and partitions done by building owners but enforcement of these laws remains a major issue.
Open House: Hong Kong’s Property Downturn May Yet Save Century-Old Townhouse
The four-story 1920s townhouse in Hong Kong’s Mid-Levels district survived Allied bombing runs during the war. It escaped the demolition wave of the 1970s and ’80s, which replaced the hillside ...
Buying property in Asia? Real estate specialists give their investment tips
Peter Churchouse of Portwood Capital said now may be a good time to buy a property in Hong Kong if you're looking to own a home. But "Hong Kong is not the place" if investors are looking for good ...
Consulates, global bodies in Hong Kong must win approval from China’s foreign ministry to extend property leases
Government reveals new arrangement for consulates and high-level international bodies to gain approval for extending leases for properties they own Development Bureau does not name consulates ...
Hong Kong Billionaire Cheng Family Boosts New World Stake
Hong Kong billionaire Henry Cheng’s family increased its stake in property developer New World Development Co. this week, according to a person familiar with the matter, as the company’s shares ...
Giant Chinese property developer Evergrande given stay of execution
There is concern that an Evergrande liquidation could severely impact the ability of other corporations, not only highly indebted real estate developers, to raise money in international financial ...
Moody’s changes Hong Kong’s outlook from stable to negative
Moody's on Wednesday (Dec 6) downgraded its outlook on Hong Kong from stable to negative, a day after cutting China's credit outlook citing costs to bail out local governments and state firms or to co ...
Carson Block Shorts Blackstone Publicly Traded Mortgage REIT
Carson Block said he’s short Blackstone Mortgage Trust, saying the publicly traded real estate investment trust is exposed to a perfect storm of economic conditions hitting commercial real estate and ...
Hong Kong Takes On Rich-Gone-Rogue in Illegal Building Crackdown
In a September storm that unleashed Hong Kong’s heaviest rainfall in more than a century, tons of dirt, rocks and debris tumbled into the sea below Redhill Peninsula, a three-decade-old development of ...
Hong Kong court strikes down complaints of bias against judge who convicted protester over carrying zip ties
High Court panel of judges find insufficient evidence to back up complaints against Magistrate Cheang Kei-hong over detention centre order for then-student in 2020.
Hong Kong housing prices must fall further for homes to be affordable
Readers discuss a truer measure of affordability amid the latest price correction, Hong Kong children's lack of exercise, and the death of Henry Kissinger Feel strongly about these letters, or any ...
Why now is the best time to buy Hong Kong property in 15 years
It seems as if we say it every year, but 2023 has been quite a year for Hong Kong property. Despite caution in the market and lingering naysayers, real estate is presenting the kind of opportunity ...