City leader has vowed to redesignate the space for other purposes, with authorities revealing occupancy rate at just over 50 per cent. ( read original story ...)
With Hong Kong at a crossroads, city needs a strong leader and a Build Back Better plan to reboot
Hong Kong is in dire need of a reboot following mishandling of pandemic and protests roiled the city because status quo no longer works Hong Kong's next chief executive must lead the city out of its ... ( read original story ...)
China’s Hainan cyberspace regulator summons some property firms over suspected fake advertisements
China's Hainan government agencies have summoned two property firms, including Hong Kong-listed Agile Group, and have warned some real estate service websites over suspected fake advertisements.Firms ... ( read original story ...)
Hong Kong housing: who benefits from the budget’s raising of mortgage caps for homebuyers?
Readers discuss the government's opening of the mortgage funding tap, and how the use of Covid-19 isolation units could be extended Feel strongly about these letters, or any other aspects of the news? ( read original story ...)
‘Pandemic is temporary’, Hong Kong developer Wheelock says, remains optimistic about housing market, price recovery after record year
Hong Kong developer Wheelock Properties expects to shrug off headwinds and remains optimistic about the city’s home prices recovering 5 per cent this year if Covid-19 eases. ( read original story ...)
Hong Kong buyers dominate 17 London boroughs, study shows
Hong Kong buyers currently have the biggest property footprint within the London market, new research from Benham and Reeves shows. ( read original story ...)
Hong Kong Property Shares Continue to Rally After Policymakers’ Comments
By Anniek Bao Shares of Hong Kong-listed developers continued to rally on Thursday after positive comments from top Chinese policymakers. Leading the ... ( read original story ...)
HKMA raises base rate following Fed decision
The Hong Kong Monetary Authority on Thursday increased the base lending rate in the SAR by 25 basis points to 0.75 percent, keeping its rate 50 ... ( read original story ...)
Hong Kong raises base rate by 25 basis points for the first time since 2018, after first US rate increase
The first official rate rise in Hong Kong is in lockstep with a similar increase by the US Federal Reserve The increase of the base rate would be bad news for Hong Kong companies and individuals who ... ( read original story ...)
Hong Kong property on sale as expatriates flee ‘ridiculous’ quarantine rules
An exodus of expatriates from Hong Kong has continued to pressure the housing market in the city, particularly those in Tung Chung that embodies the mood in the industry. Are they cheap enough to lure ... ( read original story ...)
As Cathay Pacific crew, expatriates and BN(O) holders flee Hong Kong, who will snap up those property bargains?
More expatriates are selling their property in Hong Kong to head home or elsewhere in rebuke to the city’s social-distancing and quarantine rules, with no respite in sight as the Omicron cases ... ( read original story ...)
Carrie Lam gives green light to Hong Kong’s controversial rent deferral plan despite lobbying by developers and landlords
Hong Kong leader Carrie Lam Cheng Yuet-ngor has approved a controversial rent deferral scheme to support struggling commercial tenants affected by the city’s coronavirus outbreak, the Post has learned ... ( read original story ...)
Hong Kong’s private commercial landlords join big guns in offering rent relief to tenants hit by fifth wave closures
Hong Kong’s private commercial landlords are joining the city’s big guns in offering rent relief to their tenants. Tai Hung Fai Enterprise, a property developer that has more than 1,000 tenancy ... ( read original story ...)
Hong Kong analysts reverse bullish forecasts in U-turn for property market as home sales plunge to near zero amid worsening Covid-19 outbreak
Home prices may fall by 5 per cent in 2022, according to the property consultant Colliers, the most dramatic change among analysts surveyed by the Post Home prices will remain under pressure at least ... ( read original story ...)