Tag: property

Private credit firms have been actively circling the distressed assets of Hong Kong property developers as banks grow weary of extending credit to the troubled sector.

Analysts Raymond Cheng, Will Chu and Steven Mak note that final DPS has improved by 6% y-o-y to 17 US cents, with FY2024 DPS rising 5% y-o-y to 23 US cents, representing a 70% payout ratio. This was ...

Win Extra, the seller of Pokfulam Peak, was fined HK$26,000 (US$3,345) after pleading guilty to three charges.

Cash-strapped builder Parkview Group has until March 17 to avoid a potential default on a $940 million loan tied to a landmark mall complex in Beijing, according to people familiar with the matter.

Centa-City Rental Index, compiled by Centaline Property, rose 0.46 per cent month on month in February Rents in Hong Kong hit a five-and-a-half-year high in February amid an increase in demand after a ...

Hong Kong actor Nicholas Tse has successfully leased out a retail space in Central Hong Kong at a price 40% lower than its original asking rate, ending over a year of vacancy.

Development minister Bernadette Linn also says government will not give up on project to build artificial islands in waters off Lantau.

PROPERTY developer Hongkong Land on Friday (Mar 7) posted an underlying profit of US$410 million for the financial year ended Dec 31, 2024, down 44 per cent from US$734 million a year ago. Read more ...

Authorities insist there is still keen demand for housing, citing a low vacancy rate for private flats, in response to a market report suggesting ...

The Government disagrees with an observation made in a report by S&P issued on March 5 that there is an oversupply of residential properties in Hong Kong, noting that data shows a keen housing demand.

Bridgeway, managed by veteran investor Edwin Lee, sold the shop for HK$18.7 million (US$2.4 million) after acquiring it for HK$27.5 million.

Hong Kong real-estate sales fell to their lowest point in five months in February, reflecting caution among homebuyers and investors amid increasing tensions between Washington and Beijing, according ...

Hong Kong’s lived-in home prices fell in January to their lowest point in more than eight years, though some analysts expressed optimism that they would bottom out in the first half of the year due to ...

Henry Cheng, chairman of New World Development and Chow Tai Fook Jewellery, saw his fortune drop $2.6 billion.