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Hong Kong property

Queen Mary Hospital is part of the teaching hospital of the University of Hong Kong medical school. Photo: K. Y. Cheng
Hong Kong healthcare and hospitals

Letters | Hong Kong’s third medical school must have sizeable teaching hospital

Readers discuss a vital resource for medical training, Hong Kong’s healthcare priorities and the need for vigilance over property transactions.

Hong Kong housing

Last tenants to leave ‘luxury’ Hong Kong public housing estate 6 years early

Property financing

1 in 6 Hongkongers are eyeing home purchase in next 5 years: HSBC

Banking & finance

China had nearly 100 fewer billionaires in 2024, UBS says

In Hong Kong, the billionaire tally rose to 74 from 68.

The number of billionaires in China fell in 2024, UBS says. Photo: Agence France Presse
Retail properties

Amid 2025 headwinds, Hong Kong landlords cut rents for Five Guys, global tenants

Analysts say brands with international appeal or unique selling points are driving new demand for retail space in the city.

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Farewell to Lui Che-woo: Hong Kong, Macau honour legendary tycoon

Dozens of politicians including several former chief executives and business leaders honour the real estate and casino magnate.

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Hong Kong economy

Letters | Rest and recovery will help Hong Kong compete at top level again

Readers discuss misplaced pessimism over the city’s difficulties, the challenge of an ageing labour force, faith in our economic fundamentals, and equal marriage rights.

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A Star Ferry sails along Hong Kong’s Victoria Harbour on November 26. Photo: AFP
Hong Kong economy

How can Hong Kong tackle HK$100 billion deficit? Experts admit no easy answers

The 2024-25 financial year will be third in row for government to record deficit of least HK$100 billion.

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United States

Hong Kong property deals hit 7-month high, but December slowdown looms

Some 7,689 real estate transactions worth US$8.2 billion were completed last month, according to the Land Registry.

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Architecture and design

This jet-setting couple’s Hong Kong apartment got a Japanese makeover

The Zen-inspired pied-à-terre, designed by In Situ & Partners, is a minimalist haven with a traditional tatami room, tea pantry and onsen.

The living room and tea room of the Japanese-style Mid-Levels, Hong Kong, apartment designed by In Situ & Partners. Photo: Luca Bonnefille
Hong Kong economy

Should Hong Kong raise taxes and cut costs to rein in HK$100 billion deficit?

‘End of the tunnel’ not yet in sight, says one commentator, as warnings issued over structural reliance on land sales.

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The government has more than doubled its deficit estimate for the 2024-25 financial year. Photo: Edmond So
New World Development

New World CEO Huang has task cut out to set Hong Kong developer’s house in order

Company insider has a solid background, but will have to prove to investors that she is the right person for the job, analysts say.

Hong Kong housing

Landlords warned over evictions as Hong Kong subdivided-flat consultation starts

Government proposes new laws that only allow registered subdivided flats that meet certain criteria to remain on the rental market.

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Hong Kong courts

Golf club reprieve as Hong Kong court quashes approval for 12,000 flats on site

Judge notes that decision could lead to public consultation being conducted again.

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The Hong Kong Golf Club at Fanling. Photo: Dickson Lee
Hong Kong housing

16-year wait for Hong Kong public housing? Singles under 60 slam policies

‘Is being single a sin,’ asks one resident, who is among those saying they are being left behind by focus on families and elderly.

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Wong Siu-mui pays HK$4,100 a month to rent her 70 sq ft subdivided home. Photo: May Tse
Hong Kong economy

Hong Kong developers say profits come first after Beijing’s North Metropolis call

‘One country, two systems’ guarantees that no top-down instruction will be placed on developers to discharge their social responsibilities, industry representative says.

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Hong Kong economy

85 business heavyweights pledge to support Hong Kong’s Northern Metropolis

Enterprises also sign agreements among themselves on related projects, with investment amounting to more than HK$100 billion.

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New World names head of China unit as CEO, second shake-up in 2 months

Huang’s three-year contract will see her earn HK$984,880 a month; Ma has quit to pursue other personal commitments, NWD says.

Huang will earn HK$984,880 a month as CEO of New World Development on a three-year term. Photo: Annual Report
New World Development

New World sells Hong Kong sports park stake to parent to tackle debt

Stake in New World Sports Development, the developer of Kai Tak Sports Park, sold to Chow Tai Fook Enterprises for US$53.5 million.

Architecture and design

The makeover of a village house on Hong Kong’s idyllic Lamma Island

Lamma-based interior designer Debi Yeung-Salansy has transformed a tired village house into hotel-style retreat with a stunning roof terrace facing the sea.

Hong Kong

Hong Kong’s ‘Emperor’s Home’ sold at discount as distressed tycoons divest

‘We will continue seeing financially pressured owners offloading assets until interest rates come down substantially,’ analyst says.

The Arch Sky Tower, a luxury residential building in West Kowloon, pictured on February 27, 2023. Photo: Yik Yeung-man
Hong Kong housing

Cheaper homes at risk in Hong Kong plan to wipe out substandard flats: operator

Concern group also says tenants affected by plan will need help relocating as they may be left with few affordable options.

A subdivided tenant lays in his bunk bed space in Sham Shui Po. Photo: Elson Li
Property investment

Hong Kong university pays US$334 million for Chen Hongtian’s seized office tower

Hong Kong Metropolitan University makes its second purchase in six months in this year’s biggest commercial deal.

China property

Evergrande founder Hui Ka-yan’s spending restricted by Guangzhou court

It has been almost three years since China Evergrande, once the largest real estate developer in China, defaulted on its debts.

Property financing

Hong Kong home prices rise for the first time since March; rents cool slightly

Secondary home prices increased 0.62 per cent in October.

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A real estate agency in North Point. Photo: Eugene Lee
China

Chinese tycoon offloads 9 Hong Kong luxury flats at half price in fire sale

Chen Zhuolin sold nine units in Hamburg Villa, valued at HK$213 million (US$27.3 million), for about HK$90 million.

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The chairman of Agile Group Holdings has sold all nine units he owned in Hamburg Villa this month. Photo: Jonathan Wong
Hong Kong economy

Firms to pledge support for Hong Kong’s Northern Metropolis after Beijing’s call

Firms will attend ceremony on Friday to show they intend to take part in the mega development, sources say.

Hong Kong

Hong Kong rental yields hit 12.5-year high on talent influx

Analysts expect momentum to improve further in 2025 as more professionals enter the city and people keep putting off home purchases.

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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
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