Tag: property

Listed at HKD 2.2 billion, a five-storey property in Repulse Bay is currently Hong Kong’s most expensive home.

As a real estate meltdown ripples through the economy, small businesses and workers are owed hundreds of billions of dollars, and new projects have dried up.

Shares in troubled Chinese property giant Evergrande plummeted more than 80 percent in Hong Kong on Monday morning after the lifting of a 17-month trading suspension.

Shares in troubled Chinese property giant Evergrande resumed trading in Hong Kong today after the company was suspended for 17 months for not publishing ...

Homebuyers in Hong Kong have continued to flock to projects that offer them best value for their money, with CK Asset Holding selling almost all units in the latest batch of its Coastline project on ...

The flats are priced from HK$7.98 million to HK$12.9 million after discounts. Hong Kong’s property market has seen a marked slowdown this year. Of the 7,600 flats completed in the first half, only 55 ...

Amongst Hong Kong projects completed in the first half of 2023, only 55% of units were sold as of the end of June 2023, lower than the average sell-through rate of 78% over the last five years, a sign ...

Perpetual dollar bonds sold by several Hong Kong-based companies have recently suffered their largest weekly declines in years, a sign of contagion from China’s property sector woes.Most Read from ...

Tokyo occupies second place and Manila is third in a quarterly ranking compiled by the property consultancy, while Hong Kong falls one spot to 35th on the list.

Hong Kong property developers saw the lowest sales since 2019 for new residential units completed as expensive borrowing costs weigh on the market. Builders sold just 55% of apartments completed in ...

Hong Kong stocks rebounded, paced by Chinese tech leaders including Alibaba Group Holding, as traders deemed the market’s slump this week to a nine-month low as excessive. Investors are too ...

Several Chinese developers owe more than 1 billion yuan ($137 million) in commission fees to property agency Centaline’s mainland China unit, the Hong Kong company said in a statement.

Chinese equities declined after the country’s central bank disappointed market watchers with weaker than expected monetary stimulus.

The developer looked set to shift all 219 units on offer in phase I, according to Sammy Po, CEO of Midland Realty The HK$15,939 per sq ft price tag was slightly higher than the HK$14,668 at last ...