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Tag: property

Posted on 13/05/2023

‘Hiding mistress in a golden house’: Hong Kong wife’s conundrum after mainland spy trip to expose ‘cheating’ husband conceals home buying plan

Frequent visits to mainland China by husband of Hong Kong woman prompt her to play detective and tail him on one of his trips Wife's curiosity leads to an unexpected outcome when she discovers it is a ...

Posted on 12/05/2023

Hong Kong tycoon Joseph Lau’s eldest son, Lau Ming-wai, puts two houses on The Peak on sale for almost HK$1 billion (US$127.5 million)

The younger Lau, chairman of Hong Kong-listed developer Chinese Estates Holdings, has appointed Centaline Property Agency to market houses A and D at 31 Barker Road, according to documents seen by the ...

Posted on 12/05/2023

Hong Kong’s Gaw Eyes More Japan Property Deals on TSMC Push

Hong Kong-based private equity firm Gaw Capital Partners is keen on real estate deals in Japan’s western island of Kyushu, citing the opportunity that Taiwan Semiconductor Manufacturing Co. factories ...

Posted on 11/05/2023

Hong Kong Commercial Property Investments Fall 10 Percent in Q1

According to data and analysis by global real estate consulting firm JLL, commercial real estate investment activity in Asia Pacific contracted by 30% year-on-year in the first quarter of 2023.

Posted on 10/05/2023

Property Tycoon’s Frank Gehry Flat Put Up for Sale by Creditors

The fallout from China's crackdown on real-estate debt results in several seized properties in Hong Kong hitting the market.

Posted on 10/05/2023

Expect to see some pressure in Hong Kong’s office market, says property developer

Irene Lee, chairman of Hysan Development, tells CNBC's Christine Tan about her vision for the company's retail business and the outlook for Hong Kong's office market.

Posted on 10/05/2023

Creditors put tycoon Chen Hongtian’s US$86 million Frank Gehry-designed Hong Kong flat up for sale

The HK$680 million (US$86.72 million) flat in Opus Hong Kong in eastern Mid-Levels has been put up for sale by tender by the receivers, according to a statement by Savills, which said it had been ...

Posted on 10/05/2023

Grace period for well-off Hong Kong public housing tenants to move out of flats could be cut under proposal to plug assets, income loophole

Tenants who exceed asset or income limits get a 12-month grace period to move out of their public rental flats and find homes in the private market.

Posted on 08/05/2023

Seized US$892 million Hong Kong commercial property put on sale as tycoon Chen Hongtian fights to reclaim it

One HarbourGate East Tower in Hung Hom has been put on the market for tender sale by its receivers, according to real estate firm Savills The announcement came after Chen Hongtian said on Friday he ...

Posted on 08/05/2023

Hong Kong:Has the Property Market Bottomed Out?

Whilst we acknowledge this fact, we would like to point out that the property market seems to be bottoming out in Hong Kong, which is particularly surprising given the elevated rates environment. In ...

Posted on 08/05/2023

Chinese tycoon’s $1.18 billion Hong Kong tower put on sale by creditors

Hong Kong has seen a rise in properties of Chinese developers going on the market in recent months. Read more at straitstimes.com.

Posted on 08/05/2023

Shenzhen developers target Hong Kong homebuyers amid weak April sales from local buyers

With borders now open, Shenzhen and other cities in the Greater Bay Area are increasing marketing in Hong Kong to revitalise a weak market Shenzhen developers have been especially keen to attract ...

Posted on 07/05/2023

‘Don’t want to be her ATM’: wife threatens to ditch Hong Kong husband unless he hands over chunk of US$2.5 million family estate

Social media observers have reacted with anger after a Hong Kong man reveals how he was handed a threatening ultimatum by his mainland wife to either hand over a chunk of his mother’s US$2.5-million ...

Posted on 05/05/2023

Chinese tycoon Chen Hongtian in talks with banks to resolve ‘mild’ mortgage defaults on Hong Kong property worth US$1.27 billion

Talks on repayments are proceeding with banks and there are plans to sell a stake in a commercial tower, says Chen Hongtian, the chairman of Cheung Kei Group The three properties mortgaged with the ...

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