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Property

People walk past the logo of property developer Shimao Group near Shimao Tower in Shanghai. Photo: Reuters

Business

Receivers to sell Shimao’s 2 Hong Kong hotels to Malaysian developer

1,219-room complex on Lantau Island was seized by receivers after Shimao failed to sell it for about US$570 million in late 2024.

Could Hong Kong’s student housing boom lure property giants off the sidelines?

Hong Kong’s SHKP sells 128 Sierra Sea flats ahead of possible US rate increase

Business

A 2027 pivot? Goldman, Citi see warming signs in China’s housing market

Encouraging holiday sales and shrinking supply point to recovery for country’s property sector, according to Goldman Sachs and Citi.

A man walks in front of a residential construction site in Beijing on Monday. Photo: EPA
A man walks in front of a residential construction site in Beijing on Monday. Photo: EPA

Business

Surveyors say presales at Pak Shing Kok residential project could begin in 2028

Consortium member New World Development announces outcome of bond exchange programme, with US$189.3 million of new, longer-term bonds issued.

Business

US-based money manager eyes Asia-Pacific property for growth

Principal Asset Management executive says appetite for commercial properties in fast-growing markets underpinned by higher interest rates.

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Business

Hong Kong’s primary flat market sees wave of launches, 2 developments sell out

Swire Properties, Chinachem Group also announced plans to redevelop three buildings into a premium grade-A office tower in Taikoo Place.

A view of Sun Hung Kai Properties residential development Sierra Sea. Photo: Edmond So
A view of Sun Hung Kai Properties residential development Sierra Sea. Photo: Edmond So

Business

The big office divide: why prime buildings are thriving while others sit empty

The global office market has become deeply divided, with rents in prime buildings rising while others sit empty despite cutting rates.

Business

New property disclosure rule in Japan sparks fears it may curb foreign investors

Rising interest rates and new legislation on nationality disclosure are raising concerns that foreign investors may reconsider real estate investment.

Business

Allan Zeman steers his Lan Kwai Fong Group into Hong Kong’s luxury home market

The nightlife entrepreneur is bullish on the Northern Metropolis and says he would sell his Lan Kwai Fong assets if the price was right.

Lan Kwai Fong Group chairman Allan Zeman poses in front of a mural in his office in Central on Thursday. Photo: Jonathan Wong

Business

Hong Kong plans just 2 land sales this quarter despite housing rebound

The two parcels of land in Sha Tin are earmarked for residential and student hostel projects, as government remains cautious on new housing.

Secretary for Development Bernadette Linn Hon-ho has announced two land sales for the next quarter. Photo: Silvia Siu
Secretary for Development Bernadette Linn Hon-ho has announced two land sales for the next quarter. Photo: Silvia Siu

Business

‘Mild’ AI job displacement set to rein in Asia-Pacific office demand: report

CBRE says 3.9 per cent of office jobs in developed parts of region are vulnerable to replacement by artificial intelligence.

Business

How Jardine Matheson’s shop sale reflects Hong Kong retail property’s struggles

British conglomerate sells Causeway Bay asset at a discount – after holding the property for more than 50 years.

Companies

Tenant ‘FOMO’ is driving leases at US$8 billion Central Yards project: Henderson

The developer says demand is strong for remaining offices in Central Yards, as Hong Kong tenants gravitate to premium new-build projects.

Central Yards is a major new office and retail project on Hong Kong Island. Image: Handout

Companies

SHKP reopens former Crowne Plaza hotel as luxury ‘urban resort’ in Tseung Kwan O

The Royal Garden Kowloon East has been completely overhauled to meet the changing needs of travellers in Hong Kong, developer says.

The Royal Garden Kowloon East hotel is located in Tseung Kwan O. Photo: Handout
The Royal Garden Kowloon East hotel is located in Tseung Kwan O. Photo: Handout

Business

Laopu Gold expands Hong Kong footprint with full-floor lease in Central: sources

Mainland Chinese jeweller set to move into One Exchange Square to support its global expansion plans.

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Markets

New vs old: why new-builds are far outselling used homes in Hong Kong

New homes are selling fast while used property sales have remained sluggish. The two trends appear to be linked, analysts say.

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Spending

Why restaurants are replacing shops, changing Hong Kong’s retail landscape

The mix of tenants in malls and at street level is changing as restaurateurs pounce on slumping rents to expand, often taking the spaces left behind by retailers forced to leave during the pandemic.

illustratio by perry tse
illustratio by perry tse

Business

Magnate warns of tough times as Hang Lung kicks off results season

The comments by Chan showed how Hong Kong has been caught since 2019 by a series of turbulent events, including months of anti-government protests, US sanctions and a Covid-19 pandemic in its third year.

Business

Hong Kong, mainland cities worst performers in index tracking home rent growth

Upmarket home rents in Hong Kong and Shenzhen declined in the year’s first half, bucking the global trend of increases among 30 cities tracked by property consultancy Savills.

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Business

Hong Kong’s Peak Lookout restaurant has rent halved as Covid wipes out tourism

The owners of the iconic Hong Kong restaurant, previously a huge draw for tourists with its prime location, are now paying less than half the monthly HK$230,000 (US$29,300) they were forking out on a lease signed pre-pandemic.

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With its red, pitched roof, it has the appearance of an old English country cottage, with stone walls, arched windows and a visible chimney. Photo: Dickson Lee
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OPINION
Michael Han

Opinion | Why protecting home values is Beijing’s new priority

Michael Han
Nicholas Spiro

The View | How transparency drives property investment in Hong Kong and mainland China

Nicholas Spiro
Nicholas Spiro

The View | Why a hawkish US Fed won’t derail Hong Kong’s property recovery

Nicholas Spiro
Nicholas Spiro

The View | Why China’s new housing presale rules are still a source of risk

Nicholas Spiro
Nicholas Spiro

The View | Hong Kong and Singapore property shrug off fund tax breaks

Nicholas Spiro
Nicholas Spiro

The View | Japan property is booming, but China is where the value lies

Nicholas Spiro
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MULTIMEDIA
Video

Starbucks Malaysia changed the game for deaf baristas

03:00
Video

Evergrande boss Hui Ka-yan sentenced to life in jail

CCTV
01:29
Video

Could the world’s second trillionaire come from China?

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02:56
Video

How China’s malls are trying to stay relevant

Wire
02:34
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TRENDING TOPICS
Hong Kong housing
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