This decline has been driven by a combination of factors, including increased liquidity in the banking system and reduced demand for interbank loans. The overnight HIBOR, which plummeted from 2.49% to ...
Analysis-Private credit firms eye new funds for Hong Kong property as banks step aside
By Clare Jim and Kane Wu HONG KONG (Reuters) -As valuations fall and banks pare exposure, some private credit firms are stepping in to invest in large commercial properties and developers in Hong Kong ...
Hong Kong’s April property deals jump to 5-month high as buyers dived in on stamp duty cut
Real estate sales rose 9.8 per cent to HK$50.1 billion involving 7,229 new homes, lived-in abodes, offices, shops, car parking slots and industrial space.
Miss Hong Kong Michelle Reis unveils $129M sea-view villa, one of Hong Kong’s most luxurious homes
Michelle Reis, crowned Miss Chinese International and Miss Hong Kong in 1988, has shared a glimpse of her HK$1 billion (US$129 million) villa in Hong Kong’s Shek O Peninsula, featuring a lush lawn and ...
Hong Kong property giant SHKP sells out second batch of Sierra Sea flats on strong demand
Demand for flats at Sierra Sea, a mega residential project of Sun Hung Kai Properties (SHKP) in the New Territories, remained strong for the second consecutive weekend, as homebuyers took advantage of ...
Homebuyers flock to SHKP’s new batch of Sierra Sea flats on sale as demand remains strong
Demand for flats at Sierra Sea, a mega residential project of Sun Hung Kai Properties (SHKP) in the New Territories, remained strong for the second consecutive weekend, as homebuyers took advantage of ...
Tax cuts unlikely to lift Hong Kong home prices
They could boost sentiment and reinforce signs of a stabilising property market. Lower stamp taxes on Hong Kong’s residential properties are unlikely to drive prices up despite a surge in transactions ...
Hongkong Land scores higher target prices after HKEX deal
Hongkong Land announced on April 24 that it would sell 147,025 sq ft of One Exchange Square to Hong Kong Exchanges and Clearing for HK$6.3 billion.
Hong Kong office tenants pay world’s second-highest annual costs, Savills says
City’s office-space costs, which trail only London’s West End, declined 1.1 per cent in the first quarter, property consultancy says.
Hong Kong mortgages in negative equity rose to over 40,700 in March
The three-month delinquency ratio rose slightly. The number of mortgage loans in Hong Kong that are in negative equity increased to 40,741 cases as of end-March 2025, compared to just 38,389 cases in ...
Negative equity cases in Hong Kong’s real-estate market hit a new high
Negative equity cases soar to highest level since at least 2003 amid rising interest rates; experts advise caution for potential buyers.
SHKP’s Sierra Sea flats sell out as investors boost mood in Hong Kong’s real estate market
Sun Hung Kai Properties sold all 318 flats in the first batch of its Sierra Sea project in the New Territories.
HKEX to pay US$812 million for office, retail space in Exchange Square as permanent home
Purchase follows the Securities and Futures Commission’s acquisition of its own permanent office in Quarry Bay in late 2023.
Property developer Henderson Land to organize memorial exhibition for Lee Shau Kee, Hong Kong’s second-richest billionaire
Hong Kong-based property developer Henderson Land Development will host a public exhibition next week to commemorate its late founder Lee Shau Kee, the city’s second-richest man.