Hong Kong’s systems of planning often look dysfunctional. One guess is that as many as one in four properties in the territory have been altered or extended without the right permissions. Canopies on ...
Hong Kong stocks dip amid worries about China’s property crisis and an intensifying Middle East conflict
Hong Kong stocks erased gains as traders looked past China’s upbeat GDP data amid worries about the festering property crisis in the world’s second largest economy and the intensifying Israeli-Hamas ...
Hong Kong stocks slammed by Country Garden debt fallout, US tech curbs on China and prolonged Israel-Gaza war
Country Garden remains tight-lipped as a deadline on bond coupon payment passed this week, while rejecting speculation about founding family members New curbs by the US on China's access to advanced ...
Colliers revises 2023 forecast, says Hong Kong commercial property investment to decline by 65 per cent as interest rates, economy weigh on sentiment
The investment market will remain subdued for the rest of the year, property consultancy says Latest forecast of HK$26 billion in total investment follows a prediction of HK$35 billion Colliers made ...
Hong Kong Property Barons’ Perpetual Debt Too Good To Be True?
With mainland property market in dire straits, Investors can no longer take Hong Kong developers’ debts for granted.
A Rare Occurrence: Houses Sold at a Loss in Hong Kong’s Second-Hand Housing Market
The eventual sale resulted in a loss of HKD 1.48 million or about 12%. This narrative, while personal, reflects a broader trend that may be taking root in Hong Kong’s property market. It serves as a ...
Habitat Property’s Victoria Allan says removal of Hong Kong’s property curbs is likely to boost home sales, but high interest rates are likely to keep prices in check
Removal of cooling measures is likely to 'impact sentiment and ... increase the transaction volumes by 5 per cent to 10 per cent', Allan says All eyes are on Chief Executive John Lee Ka-chiu's policy ...
Hong Kong’s Urban Renewal Authority feels the pinch of property slump, but pushes ahead with sales at latest starter home development
New URA Hung Hom development is oversubscribed 7.7 times, less than 20 per cent of applications for earlier projects But Wai Chi-sing, the URA managing director, insists sales would go ahead at Hung ...
Mammoth Hong Kong Mansion Priced At $281 Million Joins The Ranks Of World’s Most Expensive Homes
Repulse Bay, pictured via drone, is among the most exclusive areas for residential property in Hong ... [+] Kong. No matter the pecking order, however, the locations of these ultraexpensive residences ...
Hong Kong property investment fails to breach the HK$10b mark yet again
Total commercial investment volume reached only HK$6.9b in Q3. Despite a q-o-q improvement, Hong Kong’s overall investment market momentum remained low. According to CBRE data, total commercial real ...
Hong Kong’s Proposed Stamp Duty Reduction – A Stimulus or a Risk?
In recent times, the world’s most expensive property market, Hong Kong, has been experiencing a certain level of weakness. The Deputy Chairman of the Taxation Committee of the Hong Kong Institute of ...
China property creditors face worsening restructuring terms as sector recovery hopes sour
By Clare Jim, Xie Yu and Davide Barbuscia HONG KONG/NEW YORK (Reuters) - As more Chinese property developers move towards restructuring billions of dollars of debt, their offshore creditors are ...
Analysis-China property creditors face worsening restructuring terms as sector recovery hopes sour
By Clare Jim, Xie Yu and Davide Barbuscia HONG KONG/NEW YORK (Reuters) - As more Chinese property developers move towards restructuring billions of dollars of debt, their offshore creditors are ...
CK Asset Holdings Weathering Multiple Headwinds In Hong Kong
Summary Hong Kong property developers have been hit by higher rates, weak property markets, and softening conditions in China, but CK Asset has held up better than most. The company's focus on growing ...