Betty Fung says sales will be in batches and commence in coming years as land earmarked for residential purposes.
Mainland Chinese buyers’ first-half Hong Kong market share soars 10-fold as migrants pour in
The amount spent by mainland buyers on homes jumped 42 per cent, while they accounted for 70 per cent more transactions year on year, according to Centaline.
Hong Kong Mortgage Corp names Colin Pou as new CEO
Pou, who is an executive director at HKMA, will be seconded to HKMC. The Hong Kong Mortgage Corporation (HKMC) has named Colin Pou Hak Wan as its new chief executive officer, effective 26 December.
Ares Nears Deal for Stake in Loan Backing Hong Kong Tower
Ares Management Corp. is in the final stages of a deal to buy a majority stake in the HK$10.2 billion ($1.3 billion) project loan backing luxury apartment development The Corniche in Hong Kong.
Hong Kong MTR
Hong Kong transport minister Lam Sai-hung says more ... since the city government removed property curbs and relaxed its mortgage policies in February. Judge Clement Lee says defendant claimed ...
Large distressed Hong Kong realty deals set to rise
HONG KONG, July 11 (Reuters) - Higher-for-longer interest costs ... Distressed properties are either on the brink of foreclosure, or already have been repossessed by the mortgage lender. They could ...
Analysis-China tries to hit more birds with one stone in property rescue push
After Beijing ordered Chinese cities to buy newly-completed apartments and turn them into affordable housing, the first steps they took were to unveil plans to broaden eligibility for subsidies and ...
Hong Kong developers keep pricing flats to move amid supply glut, high rates
New price lists from New World Development, Far East Consortium and Early Light International undercut recent nearby sales by up to a third amid buyer’s market – for those who can stomach the interest ...
Hong Kong Tycoon Adrian Cheng to List His Venture Fund in Switzerland
Hong Kong property tycoon Adrian Cheng is listing his venture fund C Capital on the Swiss Stock Exchange through a merger.Most Read from BloombergTrump Shooting Changes Biden’s Plan to Revive 2024 ...
Hong Kong’s New World, Far East primed for sell-out at Pavilia Forest I amid strong demand
This weekend’s sale show how the city’s property developers continue to cough up significant discounts to entice homebuyers.
Family sells The Peak villas at 35% discount as Hong Kong’s property woes hurt city elite
The proceeds from the sale of the town houses on 46 Plantation Road will be used to repay a private loan of as much as HK$1.6 billion due in January 2025, a source said.
Hong Kong property: fire sales dominate 1st-half commercial deals as debt weighs on owners
Distressed commercial property sales accounted for HK$16.8 billion (US$2.1 billion) or 73 per cent of the total deal value in the first half, versus 10 per cent in previous years, CBRE says.
Hong Kong property: fire sales dominate first-half deals as debt stress weighs on owners
Distressed property sales accounted for HK$16.8 billion (US$2.1 billion) or 73 per cent of the total deal value in the first half, versus 10 per cent in previous years, CBRE says.
Hong Kong’s US$1.3 billion pile from residency scheme a boon for family office hub goals
The city's investment migration scheme has received 346 applications from investors looking to inject over HK$10 billion in the city's markets Hong Kong has attracted more than HK$10 billion (US$1.3 ...