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Property financing
The latest news, analysis and opinion on Property financing. In-depth analysis, industry insights and expert opinion.
Hong Kong landlords need to look for tenants outside the city’s traditional industries to fill their vacant offices, experts say. Photo: Eugene Lee
Hong Kong property

Hong Kong may need 7 to 15 years to end city’s office glut, experts say

The city has 15 million sq ft of excess office space, more than all the current space in the main business district.

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Hong Kong housing

New policy will force out 1,200 of Hong Kong’s most well-off tenants in 4 years

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Hong Kong Monetary Authority (HKMA)

Hong Kong banks keep their prime rates steady after HKMA, Fed hold fire

Hong Kong property

Stephen Chow, Andy Lau poised for windfalls as their property rents rise

Rateable value is an estimate of the annual rental value of a property on the open market at a designated valuation reference date.

Hong Kong entertainer Andy Lau. Photo: Sam Tsang
Hong Kong property

Hong Kong property firm Gale Well trying to sell US$386 million in assets

Company is selling commercial properties in Admiralty, Tsim Sha Tsui and Causeway Bay, as well as luxury residential assets.

International Property

American demand for overseas property, residency surges under Trump

UK, Portugal and Australia see influx as investment migration becomes ‘essential insurance’ against uncertainty, consultant says.

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Hong Kong property

China Vanke’s Hong Kong unit sees strong flat sales despite mortgage concerns

The embattled developer has sold 223 of the 228 flats on offer at its Le Mont residential project, according to agents.

Potential buyers queue up for China Vanke’s Le Mont residential project in Tai Po at its sales office in Cheung Sha Wan on Saturday. Photo: Nora Tam
China property

China’s commercial properties unloved as foreign funds sell for fourth year

Cumulative net selling from 2021 to 2024 amounted to US$11.2 billion, surpassing net buying in 2019 to 2020.

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China property

China’s push for home quality risks further developer stress: analysts

Beijing’s directives make sense as a greater portion of future housing demand will come from owners looking to upgrade, Fitch Ratings says.

Hong Kong property

Some Hong Kong banks refuse home loans for Vanke’s Le Mont project in Tai Po

Vanke Hong Kong, a local unit of China Vanke, says some lenders, including Bank of Communications and OCBC Hong Kong, will offer mortgages.

China Vanke’s Le Mont project is coming up at 19 Ma Wo Road in Tai Po. Photo: Handout
Hong Kong

Harbour City owner says earnings sink on weak retail, property market

Earnings took into account HK$5.66 billion (US$729.3 million) of deficit from a revaluation of investment properties.

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Tourists shop at the Harbour City mall in Tsim Sha Tsui. Photo: Jelly Tse
China property

China’s high-end rental market struggles post-Covid amid dwindling expats, firms

Rents in upmarket districts of Beijing and Shanghai slumped by as much as 17 per cent year on year in February, Beike says.

Hong Kong property

Hong Kong homebuyers deliver brisk weekend sales

Strong results for Sun Hung Kai Properties and Henderson Land show improving sentiment after a stamp-duty cut, agents say.

International Property

Hong Kong’s Chow Tai Fook, Far East Consortium bet on Brisbane casino resort

US$33 million deal with Star Australia plants flag in the Queensland capital, which is preparing to host the 2032 Olympics.

A view of Brisbane, Queensland, Australia, including the Queen’s Wharf Brisbane complex, on January 21, 2025. Photo: Shutterstock
Mainland China

Hong Kong still among world’s top wealth hubs, according to Knight Frank report

There were an estimated 42,715 high-net-worth individuals in Hong Kong last year, making up around 0.6 per cent of the city’s population.

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A view of Kowloon, looking across Victoria Harbour. Photo: Elson Li
China property

Chinese developer Longfor’s bonds sink deeper into junk territory

Downgrade comes as developers continue to struggle with lacklustre buyer sentiment despite recent support measures.

Hong Kong property

Hong Kong’s February property sales fall to 5-month low amid caution

Property agencies say potential buyers and investors are cautious due to ongoing US-China tensions.

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China property

The View | Why investors are taking a second look at Chinese real estate

While the overall market has yet to bottom out and policies are needed to boost confidence, secondary market resilience offers some hope.

A woman walks past a housing complex under construction in Tianjin, on June 5, 2024. Photo: AFP
Hong Kong property

Hong Kong developers boost flat sales amid tax incentives and stock rally

China Vanke and Sun Hung Kai Properties will put more units on the market after the city recorded its best weekend in four months for new home sales.

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China property

Hong Kong’s New World to launch ‘Front Tower’ office building in Hangzhou

Beleaguered developer seeks to capitalise on a tech-fuelled revival in the eastern city’s property market.

Hong Kong property

More distress expected in Hong Kong’s property market as Winland divests assets

Borrowers have asked to defer repayments amid declines in commercial property values and rents, according to Hang Seng Bank.

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Hong Kong’s commercial property market faces further weakness in capital value and rents amid oversupply. Photo: Robert Ng
Hong Kong property

Hong Kong’s weekend property sales soar to 4-month high after stamp duty cuts

Henderson’s Eight Southpark, Wang On’s Coasto, and Kerry’s Hava see strong sales following the recent reduction in stamp duties.

Potential buyers at the sales office of the Hava residential project by Kerry Properties. Photo: Edmond So
Hong Kong property

Hong Kong lived-in home prices fall to lowest point in 8 years in January

Some analysts express optimism that prices would bottom out in the first half of the year.

Hong Kong property

SHKP’s earnings drop as slowdown erodes assets

Meanwhile, New World Department Store’s interim earnings nearly double on stronger performance by mainland shopping malls.

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China property

DeepSeek keeps Hangzhou property market abuzz as ‘tech dragons’ plot growth

DeepSeek and Unitree Robotics are expanding, drawing tech talent and aiding demand for homes and offices in their base city.

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A newly built commercial housing complex in Hangzhou in September 2024. Photo: Getty Images
Hong Kong courts

2 subsidiaries of debt-ridden Hong Kong contractor Paul Y sued for HK$9.5 million

Mankey Construction files lawsuits against firms after their parent company proceeded with liquidation proceedings.

Construction workers at a site in Central. Paul Y was founded in 1946 in Shanghai and subsequently expanded into Hong Kong, becoming one of the city’s largest contractors. Photo: Jelly Tse
Hong Kong property

Hong Kong’s land sale halt may do little to ease office supply glut

The current oversupply – expected to reach 3 million square feet (278,710 square metres) in the coming months – would take between seven and 10 years to digest.

Hong Kong property

Hong Kong office landlords ‘defensive’ amid supply glut, relocations

‘Flight to quality’ of tenants is ‘absolutely going to continue’ with lots of new supply hitting the market, JLL analyst says.

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