The first government land tender of this financial year ended up attracting far fewer bids than expected as the prospect of further interest rate hikes and new housing supply dimmed the outlook for ...
Hong Kong tycoons to sell billions in assets to cut debt
The conglomerate announced it will sell its US beverage business to its controlling shareholder for $5.28 billion. Read more at straitstimes.com.
China’s Property Market Enters Troubling New Phase
Real-estate demand appears to be waning as more supply hits the market, raising fresh risks for an already-fragile economy.
Hongkong Land mulls ‘significant’ investment as share buyback pace moderates: DBS
In Singapore, Hongkong Land is largely exposed to the local residential market via its subsidiary MCL Land. DBS notes that despite the recent spate of cooling measures, the impact is not significant ...
Hong Kong’s home prices fell 0.7 per cent in May, snapping 4-month rally amid fears of further interest rate increases
Prices of lived-in homes in Hong Kong fell for the first time since December, as buyers retreated to the sidelines amid worries over further interest rate increases and oversupply. The official ...
Study Buddy (Challenger): Hong Kong ends reign as world’s most expensive city for expats
This page is for students who want to take their reading comprehension to the next level with difficult vocabulary and questions to test their inference skills.
Hong Kong may relax mortgage loan-to-value ratios amid sluggish property market: Financial Secretary Paul Chan
The government is considering marginally relaxing mortgage loan-to-value ratios for some residential property purchases, the city’s finance chief said during a radio programme.
Property sales launch called off at Aruna project in Ap Lei Chau, as Hong Kong developers cut prices for new homes
The first-round sales of Aruna, priced more aggressively than other recent launches, were abruptly called off just hours before it was set to kick off on Saturday.
Chinese Builder Halts All Offshore Debt Payment on Property Market Weakness
A Hong Kong-listed Chinese real estate developer said it will suspend all offshore debt payments, citing weakness in the country’s property market, deteriorating sales and constrained liquidity.
Ex-Evergrande CEO Joins Chinese Tycoons Offloading HK Property
China Evergrande Group’s former Chief Executive Officer Xia Haijun has put an apartment in Hong Kong up for sale for HK$160 million ($20.4 million), joining Chinese tycoons that are offloading luxury ...
Evergrande’s former CEO puts Hong Kong home on market for $20.4 million
Xia stepped down from the embattled Chinese property developer in July after a probe found he was involved in diverting loans worth $2 billion secured by unit Evergrande Property Services.
Evergrande’s former CEO puts Hong Kong home on market for $27.6 million
Hui Ka Yan stepped down as CEO last year after a probe found he was involved in diverting loans worth US$2 billion. Read more at straitstimes.com.
Evergrande’s former CEO puts Hong Kong home on market for US$20.4m
China Evergrande Group's former CEO Xia Haijun is selling his home in Hong Kong for HK$160 million (RM95.6million), Hong Kong Economic Times ...
Hong Kong developers offer huge discounts, cut prices to 2018 levels for new project launches to boost sales
Henderson has priced Henley Park in Kai Tak at an average of HK$21,088 (US$2,694) per square foot after discounts, which an agent says is 15 per cent below market price Developers and agencies are ...