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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.
Sino Land chairman Daryl Ng Wing Kong. Photo: Handout
Hong Kong

Sino Land-led consortium to invest US$1.7 billion in Northern Metropolis project

Sino Land chairman Daryl Ng said the Kam Sheung Road project marks a key step in advancing the Northern Metropolis.

Property financing

Hong Kong property investment soars on lower funding costs, rising demand

Property financing

Hong Kong’s Northern Metropolis gains momentum as key project attracts 8 bids

Hong Kong

Chow Yun-fat nets 91% gain on Hong Kong flat after 31 years as prices rebound

Veteran actor’s deal highlights recovery on the secondary market, even as new launches curb momentum.

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Hong Kong film star Chow Yun-fat. Photo: Dickson Lee
Hong Kong housing

The View | Why Hong Kong property recovery sceptics miss the bigger picture

While the recovery in Hong Kong’s real estate market has its weaknesses, the underpinnings of the latest upturn look more solid.

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Retail properties

‘Kidults’ and nostalgia drive Toys ‘R’ Us pivot as Hong Kong retail evolves

The retailer is refining its operations with smaller outlets and lifestyle products to capture new demand from Gen Z and young adults.

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Hong Kong

Hong Kong homebuyers extend sell-out streak amid renewed confidence in market

Sentiment is likely to stay firm, agents say, citing steady demand across new launches and a rebound that lifted prices to a 22-month high.

Prospective buyers queue at the sales office for Pavilia Farm III flats. Photo: Jelly Tse
Centaline Property

Hong Kong real estate gains as Middle East tensions rattle Dubai market

Early signs of capital inflows and tenant movement emerge as Dubai property softens and investors rethink regional bets.

Hong Kong housing

Hong Kong Housing Society aims to boost supply of subsidised sale flats

Chairman Ling Kar-kan says society will still supply more rental flats.

Banking & finance

Hong Kong buyers snap up more than 180 new homes as market confidence returns

About 70 per cent of buyers were end users and 30 per cent investors, with mainland buyers accounting for about 20 per cent of the total.

Prospective buyers queue at the Lai Chi Kok sales office of The Pavilia Farm III to secure flats at the Tai Wai Station development on Saturday. Photo: Jelly Tse
Retail properties

Futu Securities opens coffee shop as it adapts to changing client ‘lifestyles’

Japanese fashion retailer Uniqlo as well as online brokerage Longbridge have also launched cafes in their outlets.

The Futu Securities branch in Causeway Bay is seen in this picture dated October 18, 2024. Photo: Jonathan Wong
Office rental

DBS Hong Kong expands footprint with US$334 million The Center purchase

Hong Kong’s biggest office deal this year signals return of confidence to city’s core commercial market.

Hong Kong

From renters to owners: how mainland buyers are reshaping the Hong Kong market

Mainland buyers return in force as a stronger yuan, talent inflows and demand for new homes lift Hong Kong’s property market.

Hong Kong society

Hong Kong landlords face HK$17,000 inspection bill over ignored water seepage

The plan shifts responsibility of shouldering inspection costs from government to flat owners who fail to address water seepage problems.

Latest figures show 99 per cent of the confirmed water seepage cases last year were traced back to the flat directly above, resulting to about 5,000 nuisance notices. Photo: Getty Images
Office rental

Hong Kong safe haven appeal seen rising as Middle East turmoil clouds outlook

A slowdown in Hong Kong office leasing reflects caution among multinationals, yet analysts see upside as investors seek stability.

Despite the recent slowdown, heightened geopolitical risk could ultimately strengthen Hong Kong’s appeal as a capital haven. Photo: May Tse
The Philippines

Manila vs Hong Kong: the 2 sides of Asia’s housing affordability crisis

Asia is home to 60 per cent of the world’s slum dwellers and some of the planet’s most expensive real estate.

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Mainland China

Hong Kong home sales outlook firm even as La Mirabelle demand ebbs

Developers prioritise sales continuity, keeping pricing close to prevailing secondary market levels to ensure consistent absorption.

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Hong Kong

Jardine Matheson to exit Taikoo Place, consolidate offices in Central: sources

Move points to Central consolidation as landlords push premium space, with office market splitting between core and decentralised areas.

The FWD Tower at Taikoo Place. Photo: Handout
Property financing

Developers line up 1,300 Hong Kong flats as sentiment improves, prices tick higher

New projects across the city draw steady demand, with selective price increases reflecting improved homebuying sentiment.

Property financing

Brisk flat sales at Hong Kong project as buyers unfazed by potential rate hikes

Flats at La Mirabelle in Tseung Kwan O range from 360 sq ft to 558 sq ft and with layouts of one to two bedrooms.

Hong Kong housing

Hong Kong developers test homebuyers with price increases after sell-outs

‘This is a classic recovery-phase strategy: testing price elasticity without undermining the building momentum,’ an analyst says.

The Chester has 241 flats with layouts from one to four bedrooms. Photo: Handout
Hong Kong

Return of overseas hires meets tighter supply, driving up Hong Kong luxury rents

Repulse Bay is at the centre of a rebound, with leasing activity surging and high-end homes drawing multiple rental offers.

Easter decorations seen at the entrance to The Repulse Bay development, which is seeing a surge in leasing activity. Photo: Handout
Property financing

New World pulls back on Causeway Bay acquisition amid uneven recovery

Developer steps back from consolidating three commercial sites as high costs and patchy demand weigh on redevelopment decisions.

Centaline Property

Hong Kong’s property market resilient despite small setback last month: analysts

Hong Kong property deals to reach 8,000 this month after staying above 7,000 for six consecutive months, real estate agencies say.

Hong Kong

Bought 52 years ago, Hong Kong home sells for 252 times original price

Veteran sports administrator Lawrence Yu is selling his house for about HK$190 million, for which he paid HK$750,000 in 1974.

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8 Wiltshire Road in Kowloon Tong has a saleable area of 8,227 sq feet. Photo: Google Maps
China property

Mainland China, Hong Kong premium office supply to peak as demand lags: Cushman

Weak absorption reflects cautious corporate leasing amid global uncertainties, but Cushman expects gradual recovery as new sectors expand.

Beijing is among top cities in Greater China expected to see some of the biggest stock of new office supply in the coming years, Cushman & Wakefield says. Photo: Getty Images
Property financing

La Mirabelle sells in hours as developers ramp up sales, buyers fret over rates

All 254 Tseung Kwan O flats snapped up as developers step up supply and demand stays firm.

Property investment

Hong Kong’s luxury living evolution, from Mid-Levels to Chai Wan

A new wave of residences is redefining luxury on Hong Kong Island, embracing light and elevation, and blending nature and urban life.

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