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Tag: property

Posted on 05/05/2025

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 ...

Posted on 03/05/2025

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 ...

Posted on 03/05/2025

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 ...

Posted on 02/05/2025

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 ...

Posted on 01/05/2025

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.

Posted on 01/05/2025

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.

Posted on 01/05/2025

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 ...

Posted on 30/04/2025

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.

Posted on 27/04/2025

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.

Posted on 25/04/2025

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.

Posted on 23/04/2025

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.

Posted on 23/04/2025

China property tycoons become creditors’ labourers

Chinese developers are taking their restructuring efforts to the next level by preparing to cede de-facto control to their creditors. It signals a fresh chapter for the property market in the world's ...

Posted on 23/04/2025

100% rent hike forces Prince Jewellery to leave Hong Kong’s Russell Street after 21 years

Landlord plans to raise the rent for the prime retail space to HK$2.21 million, according to property agents Russell Street in Causeway Bay, one of Hong Kong's most expensive retail strips, has been ...

Posted on 22/04/2025

21,000 Hongkongers vie for 329 new homes at 12-year-low prices at SHKP’s Sierra Sea

The pricing is about 20 per cent below second-hand properties in the district in the New Territories, Midland Realty says.

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