Tag: property

The city’s property sector has to contend with a slowing economy, a stock market fall, rising inflation, higher interest rates and resident departures. ( read original story ...)

Housing market will gradually recover as there is still strong demand for homes, says New World CEO Adrian Cheng, after developer posts an 8.5 per cent increase in full-year profit to US$159.2 million ... ( read original story ...)

The three sites in Kai Tak, Stanley and Kennedy Town will yield around 2,500 flats, but analysts expect developers to be conservative in their bids amid a slowdown in the housing market. ( read original story ...)

Hong Kong billionaire Li Ka-shing’s CK Asset Holdings, gave up its all and only issued shares in Aim Clever Holdings, an indirect wholly-owned subsidiary of the company that owns residential ... ( read original story ...)

Another day, another Chinese property market selloff. This time, though, involves one of China’s healthier developers. Hong Kong-listed CIFI on Wednesday confirmed that it defaulted on an onshore ... ( read original story ...)

Hong Kong-based investment holding company CK Asset Holdings 1113.HK has agreed to divest property assets for HK$20.77 billion ($2.65 billion). CK Asset said on Wednesday its subsidiary would sell ... ( read original story ...)

Poor living conditions take a toll on physical, mental health of 220,000 sharing the city’s smallest living spaces with many others. ( read original story ...)

After a long night shift, security guard Leung returns to the tiny space he calls home in an old residential building in Sham Shui Po. There are more than 220,000 people like Leung, living in Hong ... ( read original story ...)

The housing industry is due for further correction, according to property analysts, as some secondary-market transactions approached 2017 lows. ( read original story ...)

A former chauffeur has been jailed for 5½ years for aiding and abetting his parents to kill themselves by jumping off a 13-storey building in a failed suicide pact. Lau Ka-wai, 42, pleaded guilty ... ( read original story ...)

Evergrande can only watch as receivers of its Hong Kong headquarters building in Wan Chai engage Savills to put the asset on the market to recover debt. ( read original story ...)

The erosion in buying power comes after increases in both the Hibor and banks' prime rates HKMA on Friday relaxed its stress-test requirements for new mortgage borrowers by 100 basis points Owning a ... ( read original story ...)

Almost all homebuyers in the world’s least affordable housing market are tied to a floating interest rate, making the city’s property market among the most vulnerable to tightening monetary policies. ( read original story ...)

K. Wah, though a subsidiary, will hold 60% of a joint venture in partnership with two state-owned companies to develop residential and commercial property in an area planned for artificial ... ( read original story ...)