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Property

Hong Kong & China
International
LUXE Homes
The Harbourfront Landmark in Hung Hom, where Nord Anglia International School has rented 73,800 sq ft of space on the third to sixth floors. Photo: Handout

Business

Rare momentum: Hong Kong universities, schools boost commercial property market

Educational institutions pour more than US$1.4 billion into deals, helping steady the city’s commercial real estate sector.

Hong Kong developer switches to high gear with Mercedes giveaways for homebuyers

Will Fosun’s luxury project revive Hong Kong’s Movietown magic?

Business

Will China’s new tech bases in Hebei and Tianjin revive local housing demand?

The new headquarters may boost rentals, but local home sales growth is likely to be far milder than surges in previous years, analysts say.

Pinduoduo has recently signed an agreement to set up a base at an e-commerce industrial park in the Xiongan New Area in Hebei province. Photo: Xinhua
Pinduoduo has recently signed an agreement to set up a base at an e-commerce industrial park in the Xiongan New Area in Hebei province. Photo: Xinhua

Business

Will tourist visa fees, interest rate policy impact Japan’s housing sector?

Do property investments in the world’s fifth-largest economy add up for foreigners after visa fee hikes and a tightened monetary policy?

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Business

Xtep opens first Saucony store in Hong Kong, eyes more premium retail sites

Chinese sportswear group positions premium running brand in Hong Kong as improving market sentiment draws retailers back to prime sites.

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Business

Penthouse in Hong Kong’s Mid-Levels sells for US$48.5m, sets pricing benchmark

The record per square foot pricing for new homes this year highlights the growing momentum in the city’s luxury property market.

CK Asset has now sold four mansions at 21 Borrett Road for a combined HK$1.05 billion. Photo: May Tse
CK Asset has now sold four mansions at 21 Borrett Road for a combined HK$1.05 billion. Photo: May Tse

Business

Hong Kong prime office vacancy hits 7-month low on Central spillover demand

City’s prime office market shows recovery signs as Central nears full occupancy, boosting rentals and spillover demand in nearby districts.

Banking & Finance

Mainland Chinese mining boss snaps up Hong Kong home at US$28m receivership sale

Distressed Stanley property sold at steep discount, reflecting banks’ urgency to clear losses as mainland investors return to luxury market.

Business

Creditors push to sell 2 Hong Kong hotels amid banks’ drive to cut losses

Dual-branded Sheraton complex heads for tender, with stricter capital rules pushing lenders to accept quicker disposals.

Savills is holding a formal tender that is expected to close on August 31 for the 1,219-room property on Lantau Island. Photo: Handout

Banking & Finance

Auditors face harsher penalties as China intensifies anti-fraud campaign

Beijing’s draft amendment toughens rules and extends liability, after PwC’s Evergrande penalties underscore audit failures.

A draft amendment to the Certified Public Accountants Law is set for a second reading at the 23rd session of the Standing Committee of the 14th National People’s Congress. Photo: Xinhua
A draft amendment to the Certified Public Accountants Law is set for a second reading at the 23rd session of the Standing Committee of the 14th National People’s Congress. Photo: Xinhua

Business

Hong Kong home sales cool off over Dragon Boat holiday ahead of new projects

Three-day holiday weekend and rising prices following a strong May performance are cited as factors leading to sales cooling off in June.

Business

Hong Kong banks force sales of distressed commercial property to control losses

Banks are prioritising loss control over loan extensions, forcing some owners to sell assets, restructure debt or surrender control.

Banking & Finance

Have China home prices hit bottom? Some buyers are hunting bargains

It’s a buyer’s market as signs of recovery in first-tier cities return bargaining power to home purchasers amid policy easing.

Suzhou Creek in Shanghai, where new home prices inched 0.2 per cent higher in May and second-hand home sales hit a five-year high in March with more than 31,000 properties changing hands. Photo: Getty Images

Business

Foreign buyers proceed with caution on Thai luxury villas after loophole closes

As of early this year, Thai authorities had prosecuted more than 850 companies for financial damages involving lost revenue of US$458 million.

A luxury property in Phuket. An estimated three in five transactions in the villa segment involved a foreign buyer or lessee. Photo: Handout
A luxury property in Phuket. An estimated three in five transactions in the villa segment involved a foreign buyer or lessee. Photo: Handout

Business

Pop star Eason Chan snaps up US$23m home as celebrities flock to luxury property

Agent listings show that the property, in Shouson Hill, has four rooms and a garden, with a saleable area of 2,801 sq ft.

Business

Hong Kong property sales more measured as interest rate increase looms

Hong Kong Monetary Authority warns public to beware of interest rate uncertainties.

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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
Nicholas Spiro

The View | Asian private wealth an emerging force in property investment

Nicholas Spiro
Nicholas Spiro

The View | Others in Asia would love to have Singapore’s housing market problems

Nicholas Spiro
Michael Han

Opinion | China’s property pivot: from growth engine to protected household asset

Michael Han
Nicholas Spiro

The View | 5 reasons Australia’s physical retail is uniquely resilient

Nicholas Spiro
Nicholas Spiro

The View | Hong Kong’s housing market recovery rests on solid foundations

Nicholas Spiro
Nicholas Spiro

The View | Why Thailand, India and Japan’s hotel sectors deserve a closer look

Nicholas Spiro
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MULTIMEDIA
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
Video

Pony.ai set to further open China’s autonomous-driving frontier

Pony.ai
07:39
Video

What’s behind HSBC’s privatisation of Hang Seng Bank?

HAng Seng
04:37
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TRENDING TOPICS
Hong Kong housing
Explainers
Property policies
China home prices
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