China has reported its manufacturing and investment improved in the first two months of the year, while weakness in the property sector weighed on the economy ...
Hong Kong homebuyers snap up Uptown East flats worth US$179 million in Kowloon Bay, as market rebounds after curbs removal
Some 238 of the 336 units available in the first batch at Uptown East in Kowloon Bay, worth about US$179 million, found buyers as of 6pm on Sunday, in a sign that the removal of all market-cooling ...
Japanese firms snap up retail spaces in Hong Kong, making the most of city’s low rents and residents’ fondness for country’s brands
Japanese businesses have been the most active among foreign firms in terms of leasing retail spaces in Hong Kong, according to data compiled by JLL.
Hong Kong home sales jump but prices remain static after property curbs ditched last month, real estate organisation says
Simon Siu, chairman of Estate Agents Authority, says decision to scrap extra stamp duties last month was 'shot in the arm' for ailing property market One estate agency says transactions in city's 35 ...
Last residents of ageing Hong Kong estate cling to memories, resist deadline to make way for redevelopment
Most of the 1,600 rental units at Tai Hang Sai Estate are empty, and about half the tenants want to return when new flats are built Unhappy residents stalled plan to redevelop city's only privately ...
Illicit Forex Outflow Channels Emerge as Mainland Chinese Find Ways to Snap Up HK Property, Insiders Say
Several ‘underground channels’ to funnel money offshore have emerged, several Hong Kong property agents said. The most common method is to transfer funds in installments from mainland bank accounts to ...
3 new Hong Kong ‘community living rooms’ for people living in tiny subdivided flats to open
The new resources, all in Kowloon, are expected to cater to more than 1,000 households living in cramped conditions in To Kwa Wan, Hung Hom and Nam Cheong Chief Secretary Eric Chan appeals to more ...
Hong Kong’s Wheelock prices Lohas Park project Seasons Place at five-year low for Tseung Kwan O
Hong Kong developer Wheelock Properties has priced a first batch of 130 units at its Seasons Place residential project in Tseung Kwan O at a five-year low for the district.
Hong Kong stocks weaken amid earnings caution, property sector rebound triggered by state support expectations
Hong Kong stocks retreated for a second day, as the mood turned cautious ahead of a flurry of earnings announcements in the week ahead, with worries about a spike in US-China tensions also weighing on ...
Latest on China Property Crisis: Debt Woes Deepen at Country Garden
Country Garden missed a local bond payment—the latest difficulty for a giant once seen as among China's strongest property developers, but which has been pushed to the brink by the country's ...
Rising Mortgage Defaults Bring More Pain to Chinese Households
Rising mortgage delinquencies could have negative spillovers on both property prices and consumer confidence, analysts say, further complicating China's efforts to boost household demand and bring its ...
Hong Kong’s mortgage demand rose 36.8% in January
Loans for brand new and resale residential properties registered double-digit increases. The number of residential mortgage applications in Hong Kong rose by 36.8% in January compared to the previous ...
Truong My Lan’s Hong Kong tycoon husband ‘unintentionally’ committed crime
Hong Kong property tycoon Eric Chu said he never knew that letting his wife Truong My Lan use a building as collateral would put him in the dock.
China scrambles to prevent another big property developer going bust
Chinese banks are reportedly scrambling to bail out one of the country’s biggest property developers after its credit rating was downgraded to “junk” status by Moody’s on Monday.