Hong Kong project to create a new core business district that offers lifestyle choices, space for emerging industries, and a diverse range of cultural and leisure amenities Venture partner New World ...
New World Teams With Chinese State Firm for HK Property Project
New World Development Co. is partnering with Chinese state-owned developer China Resources Land Ltd. to build a residential project in Hong Kong’s Northern Metropolis, underscoring the increasingly ...
Hong Kong luxury residential rents to rise by up to 5% this year
Meanwhile, prime residential capital values are forecast to drop by up to 5%. Elevated interest rates will likely continue to dampen the luxury housing demand. According to JLL, the underperformance ...
Hong Kong’s Sino Group puts on green Christmas party for children with special educational needs from ethnic minority groups
Sino Group invites 23 children and their family members from Zubin Foundation, an NGO, to sustainability-themed Christmas party to share in festive spirit.
Hong Kong property: sole bidder Sino Land secures site on Lantau Island for US$26 million, nearly 20% below expectations as market languishes
Sino Land, the only bidder in the tender for a plot of land on Lantau Island, has paid a price nearly 20 per cent lower than market expectations as Hong Kong’s housing market continues to languish in ...
Hong Kong stocks fall as Longfor slides with China’s property woes in focus, while Nio jumps on Abu Dhabi fund injection
Hong Kong stocks dropped for a second day on concerns China’s property market will struggle to overcome a multi-year slump, forcing funds to cut their holdings. Several companies based in Gansu ...
JLL Says HK Property Prices May Fall 10% in 2024, Calls on Govt to Remove Spicy Measures ASAP
At the beginning of 2023, the effect of the travel resumption of Hong Kong and mainland China on the Hong Kong property market failed expectations, Joseph Tsang, chairman of JLL Ho... At the beginning ...
Hong Kong’s Urban Renewal Authority expects HK$1.5 billion loss on project at prime residential site
Loss predicted at Shing Tak Street project in Ma Tau Wai, where Sino Land-led consortium won right to develop plot with HK$1.93 billion bid.
Hong Kong stocks surge in best week since July as China housing stimulus, rates outlook fuel gains
Local stocks completed the biggest weekly rally since late July China’s new measures to boost home sales in top-tier cities and hopes for an end to global rate hikes fanned gains.
Hong Kong stocks set for best week since early September as China housing stimulus, rates outlook fuel gains
Local stocks are set for the biggest weekly gain since early September. China’s new measures to boost home sales in top-tier cities and hopes for an end to rate hikes are fanning gains.
Hong Kong’s Residential Property Market Faces More Challenges in 2024
According to global property consultant JLL, Hong Kong's residential market turned more sluggish in the second half of 2023 as buyers are cautious amid rising interest rates and the challenging ...
More than 1 in 10 Hongkongers think it is a ‘good time’ to buy property, second highest level of optimism on record, Citi survey shows
A Citi Hong Kong survey found that 13 per cent of the respondents think it is the ideal time to buy a home, down from 16 per cent in September 2022 The survey, of 1,100 respondents, also found that ...
Hong Kong, Singapore prime property to see contrasting fortunes as luxury homes globally set to trend higher in 2024
The worst is likely over for the luxury property segment globally, with prime home prices set to rise more than previously anticipated, according to a report by Knight Frank. However, the fortunes of ...
China’s sportswear giant Li-Ning buys Henderson Land’s Harbour East for US$282 million to house its Hong Kong headquarters
Li-Ning, China’s biggest sportswear manufacturer, bought a 25-storey mixed office and retail building in North Point from Henderson Land for HK$2.2 billion (US$282 million), to house its headquarters ...