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Hong Kong property

Hong Kong property
Latest news and analysis about Hong Kong’s property industry, including sales, market outlook, policies, products and the performance of developers.
South Korean boy band BTS performs during the final of the 2026 World Cup in the United States. Photo: AFP
Chinese tourists

BTS bump? Hong Kong’s hotels set for bonanza from pop superstars’ world tour

With BTS’ juggernaut world tour set to land in Hong Kong next year, the city’s hotels are tipped to see a Seoul-style surge in bookings.

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Hong Kong economy

In Focus | Why does Hong Kong need a 5-year plan – and will it curb its free-market economy?

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China property

Hong Kong property recovery faces new risk as Beijing widens offshore tax net

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Wealth management

Rich Hongkongers rank travel over real estate in shifting life goals: survey

Immersive travel and early retirement rank above real estate on the priority list of wealthy individuals, according to a new report.

Passengers pose for pictures at Hong Kong International Airport in Chek Lap Kok on May 27. Photo: SCMP/Sam Tsang
Wharf Holdings

Wharf firms up balance sheet as Hong Kong sales cushion profit slump

‘Our first choice is investment in Hong Kong’s property sector’, while mainland China lacks ‘good opportunities’, chairman says.

Property financing

Hong Kong’s commercial property investment growth beats Asian peers

‘Highly active’ market in city tops Singapore and Australia, although base effect, assets in receivership contribute to increase, JLL says.

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Property investment

US$19m home sale in Hong Kong’s Stanley shows resilient demand

Deal for house in One Stanley development adds to string of high-end transactions despite softer overall activity.

A view of One Stanley on the south side of Hong Kong Island. Photo: Elson Li
Property investment

The View | Hong Kong hotel sector recovery elusive for unprepared investors

An uneven rebound is favouring established operators as tight supply constraints raise the barriers to entry.

Hong Kong

Why McDonald’s assets stand out amid a weak Hong Kong retail property market

Restaurant chain’s disposal drive shows investors cherry-pick only top-tier assets amid city’s retail property slump, analysts say.

China property

Derelict cinema on scenic Hong Kong island has a US$1 million price tag

Peng Chau Cinema was once a bustling nightspot but has lain virtually empty for almost four decades and is now set to go under the hammer.

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The once popular Peng Chau Cinema closed down almost four decades ago. The site, which currently hosts markets and other community events, is now up for sale. Photo: Peng Chau Cinema
Hong Kong

Investor linked to Ningbo’s richest man buys Hong Kong luxury home for US$18.5m

Deal adds to signs of mainland Chinese wealth entering the city’s high-end residential market despite a slowdown in overall activity.

A four-bedroom stand-alone garden house in Villa Lucca was purchased last month. Photo: Handout
Starbucks

Hang Lung Properties names former Starbucks China head Leo Tsoi as new CEO

Tsoi’s appointment marks Hang Lung’s first CEO change since Adriel Chan took over from his father Ronnie Chan as chairman in 2024.

Hong Kong stock market

Swire Pacific posts record first-half profit as investment surges to fresh high

The Hong Kong-based conglomerate saw its underlying profits soar by 48 per cent year on year in the first half of 2026.

Office rental

Swire earnings show Hong Kong’s prime business hubs outpacing others in recovery

First-half results highlight a widening gap between Central’s office recovery and weaker commercial districts.

The exterior of One Pacific Place in Admiralty. Photo: Nora Tam
Hong Kong society

Opinion | Hong Kong needs regenerated districts, not piecemeal renewal

The government should tie redevelopment of properties in old districts to Northern Metropolis development rights and create an urban regeneration authority.

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Illustration: Rocio Marquez
Hong Kong economy

How a Hong Kong luxury estate saved HK$1b in renovation cost with tech solutions

Ex-CEO of AsiaWorld-Expo Allen Ha says ‘homegevity’ model of targeted, consistent repairs can spare homeowners major renovation work.

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Hong Kong

The Peninsula Hong Kong and Tokyo set for HK$2.1 billion revamp

No timeline has been set, but the operator says it will minimise disruption while preserving the heritage of its iconic Hong Kong hotel.

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Hong Kong

Ningbo-backed innovation platform buys Hong Kong office tower

Analysts say purchase adds to signs that state-backed buyers from mainland are taking advantage of lower prices for commercial properties.

The Konnect office building in Wan Chai. Photo: Google
Hong Kong economy

CUHK earmarks Pak Shek Kok site for new medical building and 10th college

CUHK president Dennis Lo says new site gives room to expand while warning that high housing costs remain a drag on city’s research sector.

Hong Kong

Cheung Kong Center II tests higher rents amid rebound in Central office market

The high-profile tower initially struggled to lease out space, but is now testing HK$100 per square foot rents amid rising demand for Central offices.

Hong Kong housing

Hong Kong gauges feedback on 50:50 split for public flats, subsidised sale homes

Total supply of public housing will reach 196,000 flats over the next five years, government minister says.

Hong Kong has a 70:30 ratio of public rental-to-subsidised sale flats. Photo: Jonathan Wong
Hangzhou

Hang Lung looks beyond luxury amid changing consumer tastes

Record mall rental income was offset by property writedowns and weak offices, while Shanghai’s Plaza 66 aims to grow beyond luxury shopping.

Hang Lung's Plaza 66 in Shanghai. The company is adding rooftop gardens, art spaces and expanded dining spaces to encourage customers to spend more time at the mall rather than simply shop for luxury goods. Photo: Shutterstock
Hong Kong

30% of Hong Kong luxury homeowners willing to lower asking prices: agents

Celebrities including Chow Yun-fat and William Chan have sold properties at steep discounts recently.

Hong Kong

Hong Kong home price rally to cool after strong first half: analysts

Housing prices in the city have risen for 13 consecutive months, but analysts expect the market to lose steam amid weaker investor sentiment.

Banking & finance

Standard Chartered posts 10% profit rise, launches US$1b buy-back

Share price surges on 38 per cent rise in wealth-management revenue, even as Middle East tensions and bad debt temper profit growth.

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Net profit climbed to a record US$3.37 billion, according to Standard Chartered. Photo: Reuters
Northern Metropolis

Opinion | What Hong Kong can learn from Northern Metropolis’ first land tender

Pilot tender of large mixed-use plot for public-private development shows scale of complexity requires flexibility and constant adjustment.

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The Northern Metropolis land disposal tender site of Hung Shui Kiu, seen on December 29, 2025. Photo: Eugene Lee
Office rental

Singaporean investors snap up Hong Kong’s prime office assets

Investors from the Lion City unseated mainland Chinese in the second quarter, seizing distressed asset opportunities amid price corrections.

Hong Kong housing

7 Hong Kong developers bid for waterfront Kowloon renewal project

Site for 1,200 flats, worth at least US$688 million, is part of urban renewal initiative linking Kowloon neighbourhoods to Kai Tak.

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