TOPIC

Hong Kong property

Tourists visit the Avenue of Stars in Tsim Sha Tsui, on July 16. Photo: Jelly Tse

Opinion | Hong Kong’s economy is down but not out

The city can move beyond its reliance on mass tourism from mainland China and instead get stakeholders to offer new opportunities.

The city can move beyond its reliance on mass tourism from mainland China and instead get stakeholders to offer new opportunities

Letters | Hong Kong property: education needed to keep mainland Chinese buyers coming

Editorial | Hong Kong renters look to cuts in interest rates for relief

Hong Kong developers form group to cut carbon emissions in building industry

Major procurement shifts, policy incentives and technical documentation frameworks are required to drive investments, alliance says.

Construction workers labour on a site in Central on September 7, 2024. Photo: Edmond So

Hong Kong’s Housing Authority sued over wet market’s unsanitary conditions

Statutory body accused of turning blind eye to water leakage, sewage pipe blockage and foul odour at market at Kwai Chung Shopping Centre.

Hong Kong public housing builder secures HK$12 billion syndicated loan

Deal includes HK$3 billion for Housing Society to use on projects to benefit wider community, as builder targets increased cash flow.

Advertisement
Advertisement

Centaline bets on student housing boom amid supply deficit, rental spike

Hong Kong’s expanded non-local student quota is worsening the supply deficit in housing, spiking home rentals.

Centaline is converting the 63-room hotel into student housing to capture the trend. Photo: Handout

Hong Kong Housing Society ‘may one day develop homes for cross-border residents’

Outgoing chairman Walter Chan says suggestion raised by industry representatives and might be ‘something for the long run’.

5

Opinion | Devil in the details in Hong Kong’s efforts to raise housing game

While a design guide and community living rooms are encouraging steps, government should adopt a people-centric approach across the board.

Opinion | To buy or not to buy in Hong Kong’s volatile property market?

Over the decades, I didn’t panic when my house was worth HK$5 million and I didn’t celebrate at HK$50 million. This concrete box is my home.

videocam
Residential buildings under construction are seen in Kai Tak on September 2. From the point of view of potential buyers, if a price war is just starting, why not wait a bit longer to see who will cut next and by how much? Photo: Bloomberg

Chinachem’s Nina Hospitality aims to move up market, eyes overseas expansion

Nina’s managing director said it is looking at expanding on the mainland and overseas, while becoming an upscale hotel group in Hong Kong.

Nina Hotel Tsuen Wan West pictured on April 21, 2021. Photo: Winson Wong

Hong Kong’s student housing boom sees investors snap up assets as rents soar

Investors are converting discounted properties into student accommodation in Hong Kong, eyeing high demand and potential for growth.

Hong Kong rents set to hit record as talent influx fuels demand

The rental index is about 3 per cent away from the peak seen in August 2019, a jump that is not entirely implausible, JLL says.

13

SHKP gears up for rate cuts with slew of Hong Kong property projects

Hong Kong’s largest developer by market cap posted a 20 per cent drop in net profit to HK$19.04 billion (US$2.44 billion) for the year ended June.

Sun Hung Kai Properties is gearing up to launch a number of projects in Hong Kong and the mainland. Photo: Roy Issa

Hong Kong banks offer mortgage rebates as rate cuts seen reviving housing market

Some lenders are offering cash rebates on mortgage financing, igniting competition for homebuyers in anticipation of a pickup in transactions

videocam
Banks are offering cash rebates on home mortgages, suggesting optimism in market rebound. Photo: Edmond So

Owners of Hong Kong’s Connaught hotel slash sale price by 40%

The four-star hotel is among a slew of hotels and offices that have been put on the market at reduced prices by landlords and owners recently.

videocam

Hong Kong property deals slump to 6-month low as support measures wear off

Overall real estate transactions in August fell 10 per cent month on month to 4,729 units, while value declined 20 per cent to US$4.4 billion.

videocam
4
Advertisement
Advertisement

Will Hong Kong’s property market surge with the Fed’s anticipated rate cut?

Hong Kong’s property developers kicked off a new round of price cuts to offload inventories after the US Federal Reserve gave its strongest hint yet about an imminent rate cut.

Residential buildings under construction at the Pavilia Forest project earlier this month. Photo: Lam Yik Fei/Bloomberg

Snack food producer Four Seas snaps up Kowloon office space amid bargains

Hong Kong’s depressed property prices are tempting buyers. Four Seas returns to the market after selling its office and warehouse in 2017, suggesting the slump may be ending.

videocam

Letters | Hong Kong property market seems to be becoming subsistence-driven

Readers discuss the need for developers to adapt to the changing times, and how the government should respond to a property sector slowdown.

Cash-rich buyers make most of Hong Kong’s Peak distress amid 50% price slump

Distressed sales in Hong Kong’s luxury property market have driven prices down by as much as 50 per cent, with opportunistic buyers snapping up bargains, Savills says.

Hong Kong’s poor property market has disproportionately affected home vales on The Peak. Photo: Roy Issa

Homebuyers flock to city centres as demand wanes for flats close to nature

That shift has become evident in metropolises across the UK and Australia, as well as in compact cities like Singapore and Hong Kong.

videocam
Panoramic view of Hong Kong island’s skyline at sunset. Photo: Shutterstock

NWD to post US$2.4 billion loss in past financial year amid property sector woes

A non-cash impairment loss of up to HK$9.5 billion will not have any impact on its core operating profit or operating cash flow, NWD said.

Chow Tai Fook Enterprises appoints 3 co-CEOs to lead growth

Christopher Cheng, one of the three newly named co-CEOs, is a son of the Cheng family patriarch and billionaire Henry Cheng Kar-shun.

NWD makes progress on cutting debt with repayments, refinancing

The group has received a bid of HK$9 billion for its K11 Art Mall in Tsim Sha Tsui from a subsidiary of China Resources Holdings, according to a local media report.

Hong Kong-listed New World Development said it had completed more than HK$16 billion of loan arrangements and debt repayments in July and August. Photo: Shutterstock

Editorial | Stick to commitment on stable Hong Kong land supply

With the Hong Kong property market remaining sluggish there is no need to revive the old land application mechanism.

The landscape of Hong Kong’s New Territories region, near Shenzhen. It remains to be seen whether an anticipated interest rate cut by the US Federal Reserve can reboot the moribund property market. Photo: Shutterstock

Concerns raised over Hong Kong decision to allow more housing on site near border

Decision to allow up to 20 per cent of non-residential floor area of Hung Shui Kiu site to be converted to housing use raises eyebrows.

DBS Hong Kong creates spaces that transcend conventional work and banking environments

The bank’s Corporate Real Estate Strategy and Administration outlines plans that encourage staff and customers to ‘Live more, Bank less’.

In partnership with:
DBS Hong Kong
Advertisement
Advertisement
Help preserve 120 years of quality journalism.
SUPPORT NOW
Hong Kong property
Latest news and analysis about Hong Kong’s property industry, including sales, market outlook, policies, products and the performance of developers.
last updated:
9 September, 2024
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement