In January, the secondary market saw 419 loss-making transactions, the highest since March 2023, including one transaction that lost HK$9.62 million (US$1.2 million).
Sustain crackdown on Hong Kong housing abuses
Vigorous action against those who misuse city public flats is imperative to make room for the needy When the government initiated a fresh crackdown on public housing abuses last year, the public ...
An Insider’s Guide to the Best Luxury Hotels in Hong Kong
Whether you’re looking for a hip minimalist boutique hotel or a sophisticated, soul-soothing retreat in the city skies, there’s no shortage of dreamy stays in Hong Kong.
HANG LUNG Watchful of HK Property Mkt; Luxury Homes Still Defensive
Short selling $848.32K; Ratio 17.932% and HANG LUNG PPT (00101.HK) -0.110 (-1.228%) Short selling $9.56M; Ratio 15.184% announced their ...
R&F Properties turns to Hong Kong tycoon in distressed sale of London asset to trim part of US$42 billion in liabilities
Guangzhou R&F is seeking to offload a UK asset in the latest attempt to trim its debt burden. It is turning to Hong Kong tycoon Cheung Chung Kiu to survive the crisis.
Hong Kong, Singapore prime property prices to see big declines as high rates weigh on sentiment: Savills
Of the 30 cities monitored in the Savills World Prime Residential Index, 17 will see price declines, with Hong Kong projected to see the highest drop of up to 10 per cent and as much as 3.9 per cent ...
Hong Kong church Island ECC acquires floors in building that is home to famous Sunbeam Theatre
The church has secured several floors at the property at 413-423 King’s Road as its ‘future permanent home in Hong Kong’, it said in a statement on its website.
Hong Kong church Island ECC acquires floors in building home to famous Sunbeam Theatre as its ‘permanent home’
The church has secured several floors at 413-423 King's Road as its 'future permanent home in Hong Kong', it says Local media reports in November said the floors were sold for HK$800 million (US$102.
HKMA says it regularly reviews mortgage stress tests
The Hong Kong Monetary Authority (HKMA) on Monday said it reviews the market regularly to see if it needs to ease stress test requirements for ...
Exposing Hong Kong’s invisible land grab: why homeowners have few qualms breaking rules to build add-ons to luxe homes
In upscale communities and largely out of the public eye, mansion owners are suspected of adding millions of dollars in value to their homes with unauthorised structures Lax enforcement, anaemic fines ...
Hong Kong luxury property owners turn to high-interest private loans for relief from liquidity pain
Cash-strapped owners are taking out loans with rates of up to 29 per cent, with luxury properties in areas like The Peak and Repulse Bay as collateral.
Peak distress: Hong Kong luxury property owners turn to high-interest private loans for relief from liquidity pain
Cash-strapped owners are taking out loans with rates up to 29 per cent, with luxury properties in areas like The Peak and Repulse Bay as collateral.
Hong Kong ‘Underwater’ Mortgage Levels Hit Two-Decade High
Underwater mortgage” levels in Hong Kong surged to a two-decade high amid a prolonged slump in what’s forecast to be one of the world’s worst property markets this year.
Kai Tak a hit with Hong Kong buyers at Housing Authority sale of about 9,000 subsidised flats
Kai Tak a draw for buyers of subsidised flats because of good transport links and views across Victoria Harbour and sports park.