Shares have fallen in Asia, with Hong Kong's benchmark retreating on selling of property shares following recent gains ...
Hong Kong Housing Society will sell more than 400 subsidised flats at 62% of market price, dismisses concerns over property sector downturn
Cheapest flats at Hemma Amber development in Kwun Tong to sell for HK$2.55 million, with most expensive at HK$6.45 million Hong Kong Housing Society's Peter Or shrugs off property market downturn, ...
Hong Kong mansions, worth US$192 million, linked to China Evergrande founder Hui Ka-yan seized by creditor
The seizure of the two properties on Black’s Link, The Peak, is another setback for the founder of China Evergrande, which faces a winding-up hearing in Hong Kong on December 4.
Hong Kong mansions tied to Evergrande chairman seized by creditor
A creditor has seized a pair of luxury houses on Hong Kong’s Peak connected to the Evergrande chairman. Read more at straitstimes.com.
Hongkong Land appoints Singapore-based Mapletree’s Michael Smith as CEO
capital and property management company with more than US$55 billion in assets under management, will take over the role from April 1 next year, Hongkong Land said on Tuesday. Smith will relocate from ...
Hong Kong’s Biggest Developer Sells Homes at Six-Year Low Price
Sun Hung Kai Properties Ltd., Hong Kong’s biggest developer, has lowered the floor for new home prices in the city.
Sunac shares surge 21% as Chinese property developer says it’s met restructuring conditions
Shares of Chinese property developer Sunac surged 21% after it said restructuring conditions had been satisfied and plans to overhaul its debt has taken effect.
World’s priciest retail streets: Hong Kong’s Tsim Sha Tsui slips to third place after New York’s Fifth Avenue and Milan’s Via Montenapoleone
Hong Kong’s tourist hotspot of Tsim Sha Tsui retained its ranking as the most expensive retail destination in Asia-Pacific, but slipped to third place globally, according to a survey by Cushman & ...
Hong Kong property tycoon Henry Cheng still seeks successor
His latest comments shake the market’s longstanding assumption that his eldest son Adrian Cheng will succeed him. Read more at straitstimes.com.
Hong Kong watchdog SFC acquires 12 floors in Swire Properties’ One Island East for US$691 million in ‘cost-saving’ deal
Hong Kong’s Securities and Futures Commission has agreed to pay HK$5.4 billion (US$691 million) to acquire a number of floors at Swire Properties’ One Island East development in Quarry Bay for its ...
Hong Kong to relax mortgage arrangements for second-hand subsidised homes to support less well-off buyers
Under revised rules that take effect in march next year, government will extend mortgage default guarantee period on a flat from 30 to 50 years.
Hong Kong real estate agencies face legal action from antitrust watchdog over alleged sales commission fixing
Hong Kong’s competition watchdog has taken legal action against two real estate agencies for allegedly fixing sales commissions with rival firm Centaline, which has been granted leniency in exchange ...
Hong Kong antitrust watchdog launches legal action against 2 major property agencies and their top management over commission rate fixing
Competition Commission says it is taking Midland Realty and Hong Kong Property Services (Agency) to court over directing agents to charge minimum net commission rate.
Chinese Estates’ Joseph Lau says he would not dare buy property amid high interest rates in Hong Kong
The property magnate and Chinese Estates founder says high interest rates are forcing businesspeople to recalculate their investments and potential returns. ‘It’s better to hold on to the money now.’ ...