Investor confidence in China’s troubled property sector has been rocked again this week by reports that one of the country’s largest private building conglomerates missed interest payments on two ...
Hongkong Land denies report it plans to sell tower in Central
Property developer Hongkong Land on Wednesday denied a media report it is putting a well-known Hong Kong office tower on the market, adding it has no plan to sell any buildings in the central ...
Hong Kong property ‘price war’ imminent as Li Ka-shing’s CK Asset slashes flats to lowest seen in city in seven years
Developer cuts prices at Coast Line II in Kowloon to US$1,921 per square foot - 16 per cent below other recent launches Bid to boost buyer sentiment draws deposit cheques from more than 8,000 ...
Hong Kong property ‘price war’ imminent as Li Ka-shing’s CK Asset slashes flats to lowest seen in city in 7 years
Developer cuts prices at Coast Line II in Kowloon to US$1,921 per square foot – 16 per cent below other recent launches – in a bid to boost buyer sentiment in a slumping market.
Chinese property developer Yuzhou unveils offshore debt restructuring plan, says has not defaulted on onshore debt
The Hong Kong-listed property firm on Sunday night said in a filing that it is in active discussions with its offshore creditors and has formulated a preliminary restructuring plan proposal. The ...
When will Hong Kong property prices recover? Not any time soon
Hong Kong is a property-obsessed city. This supports the big mortgage businesses and the fat-cat property developers that dominate the city’s economy and stock-market sectors – which are bedfellows, ...
Hong Kong homeowners hold the most valuable property portfolio of all foreign nationals
Hong Kong homeowners have been found to own the most valuable property portfolio across England and Wales, worth an estimated £10.8bn in current market conditions.
Hong Kong home rental market on fire as influx of mainland professionals, graduates stokes deal volumes in key areas
The demand for rental homes in several prominent districts of Hong Kong struck an all-time high in July as an influx of mainland China professionals and graduates fuelled demand.
Hong Kong’s Property Market Is a Mess—and the Fed is Partly to Blame
Hong Kong’s notoriously expensive property market is often seen as a barometer of the city’s economy. It isn’t looking good.
Hong Kong property: mortgage loans for homes under construction fall to lowest in 17 years as rising interest rates stifle transactions
The number of new mortgage loans on residential properties in Hong Kong has dropped dramatically this year, new figures show, as rising interest rates and economic uncertainty stifle the property ...
In a first, Hong Kong residents can co-own a home in Shenzhen with family members as China’s tech hub eases rules
Hong Kong residents with family members holding residence permits in Shenzhen are eligible for the first time for government-subsidised housing after authorities relaxed rules to help low-income ...
Hong Kong homeowners slash prices as they race to sell before property values fall further
Homeowners in Hong Kong are offering steep discounts as they race to offload their properties quickly before the market falls further. In a recent case that underscores the trend, a seller in Tai Po ...
Jardine company earnings held back by Hong Kong property
A number of Bermudian-listed and domiciled Jardine companies reported earnings on Friday, with strong indicators of post-pandemic recovery somewhat balanced by sizeable investment losses. These ...
Hong Kong developer Hang Lung Properties reports 23 per cent profit growth in first half but warns of ‘clouds’ in outlook
Net profit rose to HK$2.39 billion (US$306 million) in the first half, while total revenue dropped 1 per cent even as mall revenue rebounded. Still, ‘plenty of uncertainties’ persist, both ...