The current unit price record for a residential property in Asia was set in 2021, when an apartment at a development called Mount Nicholson sold for HK$140,800 per square foot, or a total of HK$639.8 ...
Hong Kong property heir buys luxury home for $10.1m
HONG KONG – Property heir Douglas Woo bought an apartment in an upscale area of Hong Kong for HK$59.8 million (S$10.1 million) at a time when the city’s luxury market is just picking up as the border ...
Hong Kong Property Heir Pays Low Tax on $7.6 Million Luxury Home
Hong Kong property heir Douglas Woo bought an apartment in an upscale area for HK$59.8 million ($7.6 million) while reportedly paying the stamp duty rate reserved for first-time home buyers. The ...
Outlook for Hong Kong’s property market bright as end of interest rate increases in sight, analysts say
The border reopening with mainland China is also boosting the confidence of investors to snap up property as an economic recovery is also likely to bolster demand for homes in Hong Kong. A rising ...
Hong Kong Office Market Enjoys Positive Absorption in February
According to JLL's latest Hong Kong Property Market Monitor report, Hong Kong's Grade A office market recorded positive net absorption in February 2023 after it recorded negative net absorption for ...
Chinese buyer’s offer for this Hong Kong mansion could be new Asia record
The four-story property is located at No. 45 Barker Road, with a total floor area of 4,700 square feet (437 square meters), the Hong Kong Economic Times reported, citing an unidentified market source.
Breakfast briefing: Fed hikes +25 bps, signals more
Fed stays focused on inflation-fighting; US landlords wavering; Hong Kong gets liquidity stress; UK inflation stays high; ASIC warns fund managers to keep valuations current; UST 10yr 3.55%; gold and ...
Debt-ridden China Evergrande Rolls Out Restructuring Plan
The next hearing in the Hong Kong winding-up case is scheduled for July 31 ... including Evergrande -- failing to complete housing projects, triggering protests and mortgage boycotts from homebuyers.
Hong Kong Developer Opens New Office Towers Amid Record Vacancy
A Hong Kong property developer is bringing new commercial buildings to the market even as the competition for tenants intensifies amid record-high vacancies.
House with Abby Choi’s remains now on list of Hong Kong’s ‘haunted’ homes where history of murder, grisly crime and death keep prices down
Properties with links to murder, suicide and tragedy can also impact prices of neighbouring flats, as grisly reputations hard to forget in Hong Kong ...
Research: HK Biz Positive on Return of GBA Tourists; Avg Spending RMB36,400 Predicted for Each Tourist
Related News G Sachs Expects HK P-based Mortgage Rate Has Peaked, Keeps Buy Rating on NWD, CKA However, about 10% to 15% of consumers will reduce their individual spending in Hong Kong in the next ...
Abby Choi murder: Hong Kong authorities vow to tackle public housing abuse after model’s ex-father-in law found to own luxury home and subsidised flat
Housing chief pledges to review eligibility rules under Home Ownership Scheme to close loophole that allows wealthy public housing tenants to buy subsidised flats Housing Bureau earlier admitted the ...
China’s Jan-Feb property investment falls at slower pace
Around half of the 30-odd Chinese developers listed in Hong Kong have defaulted on or delayed bond payments. At the beginning of the annual meeting of China's parliament last week, the government made ...
Property investment on mainland falls at slower pace
The nation's property investment fell at a slower pace over the first two months of 2023, official data showed on Wednesday, showing signs of ...