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Hong Kong & China

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Hong Kong’s “super-prime” property market has rebounded in recent months. Photo: Karma Lo
Hong Kong property

Hong Kong catching up with Dubai in ‘super-prime’ property sales amid Iran war

Dubai remains the world’s top market for luxury homes worth at least US$10 million, but Hong Kong has closed the gap fast, according to Knight Frank.

Hong Kong property

Developers seek Kowloon East rezoning for residential development

China property

What is tempting foreign investors back to China’s commercial property market?

Hong Kong property

Hong Kong rises in property market transparency rankings, but trails Singapore

Hong Kong jumped one place to 14th in list of world’s most transparent real estate markets as Asian destinations made progress.

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Hong Kong ranks as the world’s 14th most transparent property market, according to a new report. Photo: Karma Lo
Hong Kong ranks as the world’s 14th most transparent property market, according to a new report. Photo: Karma Lo
Banking & finance

Will Hong Kong property market benefit as online financial firms get physical?

Online brokerages and digital banks are opening branches across city after a sharp drop in shop rents in prime locations.

Hong Kong property

Amazon, Shorea Capital deals underscore foreign interest in commercial property

Shorea plans to turn The Pemberton in Sheung Wan into high-quality accommodation; Amazon Data Services snaps up two data centres in Fanling.

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China property

Hong Kong’s New World gets nod to spin off K11 Shanghai assets

Shanghai listing of Reit worth US$570 million will ‘recycle capital for more value-accretive projects’, analyst says.

A view of Shanghai K11 Art Mall. Photo: Handout
A view of Shanghai K11 Art Mall. Photo: Handout
Hong Kong property

Once the world’s most-visited city, Hong Kong now converts hotels to dorm rooms

As the city positions itself as a global education hub, hotels are being converted into premises for student occupation.

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Hong Kong property

How the new Huanggang Port is sparking a cross-border property boom

The new port is expected to dramatically speed up crossings between Shenzhen and Hong Kong, making cross-border living more convenient.

China property

Will incentives give China’s housing market more than a short-lived rebound?

Sales of new units in cities like Shanghai and Shenzhen have risen following central government moves designed to revive buyer confidence.

Blocks of high-rise flats in Shanghai. Photo: JPix/NurPhoto via Getty Images
International Property

Asia-Pacific firms divided on how AI will impact office space demand: survey

AI currently has a more significant impact on office operations than on real estate requirements, CBRE says.

Some 25 per cent of respondents say AI adoption will require them to expand their office footprint, according to CBRE. Photo: Sun Yeung
Some 25 per cent of respondents say AI adoption will require them to expand their office footprint, according to CBRE. Photo: Sun Yeung
Hong Kong property

Hong Kong property market gets reprieve on rates, for now

Major banks hold rates steady despite Fed action, but some sellers and buyers are already anticipating increases later, agents say.

Hong Kong property

Singapore-led Southeast Asian buyers expand Hong Kong commercial property assets

Southeast Asian capital, led by Singapore, now eclipses mainland Chinese as the city’s leading non-local commercial property investors.

Hong Kong property

‘Vicious cycle’: why Hong Kong’s commercial property downturn could worsen

Tighter bank lending is further weakening demand for commercial property in Hong Kong, and could tip the market into a ‘vicious cycle’, agency warns.

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People cross Queen’s Road Central in Central during rush hour. Photo: Edmond So
Hong Kong property

Hong Kong malls see growth with new stores and events: Hang Lung CEO

Leasing situation ‘steadily improving’ with new stores set to ‘open one after another’ in fourth quarter and beyond, Weber Lo says.

A view of Hang Lung Properties’ Hang Lung Centre in Causeway Bay. Photo: Google map
A view of Hang Lung Properties’ Hang Lung Centre in Causeway Bay. Photo: Google map
Hong Kong property

Hong Kong home prices headed for 15% gain this year: Midland forecast

As the market digests uncertainties, new property launches are accelerating and buyers are returning to the market, executive says.

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Hong Kong property

SHKP posts 4.6% profit rise amid Hong Kong’s property recovery

Hong Kong’s biggest developer reported underlying profit of HK$22.85 billion, as the city’s property market continues to recover.

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Hong Kong property

Susquehanna rents 3 floors of office space as market sees slow recovery: sources

The US-based firm is set to rent space in Cheung Kong Center II as the Central district leads office rental market recovery in the city.

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Cheung Kong Center II in Hong Kong’s Central district. Photo: Jelly Tse
Cheung Kong Center II in Hong Kong’s Central district. Photo: Jelly Tse
China property

Chinese court guidance aims to smooth handling of developer bankruptcies

Framework from Supreme People’s Court aims to end judicial inconsistencies across regions, aid flow of capital for construction continuation.

Hong Kong property

The house wins: Macau kingpin’s former ‘love nest’ sells for cut-price HK$81m

The Mid-Levels flat – once owned by Alvin Chau’s former mistress – is the latest luxury property to sell for a steep paper loss in Hong Kong.

Hong Kong property

Hong Kong celebrity Jeffrey Ngai splashes out on US$16,000 rental home

The singer and actor recently moved into a Mid-Levels duplex near his friend, singer Tyson Yoshi, market sources say.

Jeffrey Ngai's market value rivals that of Hong Kong boy band Mirror, according to entertainment industry insiders. Photo: Instagram/jeffreyngai
Hong Kong property

Foreign, mainland students head to Hong Kong for study, sparking property demand

City to attract around 200,000 extra students, requiring international schools, university campuses to expand, as incentives lure wealthy migrants.

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CBRE predicts that 200,000 extra students will study in Hong Kong by 2035. Photo: Edmond So
CBRE predicts that 200,000 extra students will study in Hong Kong by 2035. Photo: Edmond So
Hong Kong property

Banks’ reluctance to lend deepening Hong Kong shop slump: landlords

Pressing owners to repay loans amid falling values while turning away new buyers could prolong wider economic drag, advocacy group says.

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Hong Kong property

Bargain for Hong Kong bar property reflects struggling retail market

While North Point shop deal falls through, former home of Insomnia bar in Lan Kwai Fong sells for 60 per cent less than its 2015 value.

Hong Kong property

Hong Kong bars, restaurants take on more floor space, boost novelty offerings

More food and beverage outlets ‘incorporating unique experiential elements into the dining journey’, says CBRE’s Lawrence Wan.

Ninetta, a new restaurant run by three Italian hospitality veterans, opened in Central this year. Photo: May Tse
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