50 h. ago Banks and brokerages’ growing demand for space buoys Hong Kong’s retail property sector

Hong Kong’s banking and finance sector is tipped to lead retail property leasing activity, with massive uptake by firms like Forthright Securities, Futu Holdings and HSBC providing support to landlords struggling through a multi-year real estate slump. Forthright Securities leased three storeys totalling 14,000 sq ft at Golden Centre in Sheung Wan for its first flagship branch in the city, according to CBRE, which facilitated the transaction. “This transaction not only demonstrates Forthright...

Politics

3 d. ago Mainland Chinese money to drive 10% rise in Hong Kong commercial property deals: Colliers

Surging mainland Chinese investment in Hong Kong’s commercial real estate sector has helped set the stage for a “measured recovery” in 2026, according to Colliers. In the luxury residential segment, mainland capital accounted for about 80 per cent of transactions exceeding HK$100 million on The Peak and in Southern district, according to Centaline Property Agency. Investment from the mainland rose to the highest level in five years in the last quarter of 2025, and deal value in 2026 was set to...

Economics

5 d. ago Hong Kong property: Citi lifts forecast after Morgan Stanley’s upgrade

Major financial institutions, including Citi and Bank of America, are increasingly optimistic about Hong Kong’s residential property market this year, as lower mortgage rates and strong leasing demand change buying behaviour. Citi raised its home price forecast to 8 per cent this year, up from 3 per cent in October, citing a faster-than-expected rebound last year. “[There will be] further acceleration in 2027 under a multi-year upcycle,” said Griffin Chan, head of Asia-Pacific property research...

Politics

9 d. ago Repeat buyer tucks into another McDonald’s Hong Kong shop for US$15.2 million

McDonald’s has sold another Hong Kong retail property for HK$118.7 million (US$15.2 million), bringing the proceeds from its ongoing asset disposal programme to about HK$490 million, as well-capitalised investors continue to snap up prime real estate. The 10,000 sq ft-plus property at 46-47 Yee Wo Street in Causeway Bay was sold to Evergreen Capital Partners. Ng Yin was listed as director of the firm, according to the Companies Registry. The deal, which was signed on December 10, included the...

Economics

1 week ago Hong Kong developers rush new flats as sentiment lifts, pressuring fragile recovery

Hong Kong’s leading property developers are accelerating new residential launches, with two major firms unveiling plans to roll out more than 4,300 flats this year as sentiment shows signs of improvement, but analysts caution that a surge in supply may add fresh pressure to a market that has only begun to stabilise. Developers, including Wheelock Properties and Kerry Properties, are pressing ahead with large-scale launches, adding new supply on top of still-elevated inventory from previous...

Events

1 week ago Hong Kong toy fair unveils new pavilion for collectors and global brands

Jerseys signed by football star Cristiano Ronaldo, limited editions of Star Wars trading cards, Transformers figurines and other proprietary collectibles will be up for grabs at an annual toy fair next week in Hong Kong. They are among 150 local and international intellectual property (IP) collectibles to be showcased at the Hong Kong Toys & Games Fair, which will run from January 12 to 15 at the Convention and Exhibition Centre. Now in its 52nd edition, the toy fair will run alongside the 17th...

Politics

1 week ago Morgan Stanley lifts Hong Kong property to ‘attractive’, with rebound to extend into 2027

Morgan Stanley upgraded Hong Kong’s property sector to “attractive”, noting that an all-round improvement in the city’s economy and a policy-driven recovery will continue to push prices higher this year. The US investment bank forecast home prices to rise around 10 per cent in 2026, with further gains expected in 2027, pointing out that the ongoing rebound marks the start of a new upcycle. “We expect all three sub-segments – Hong Kong residential prices, Central office rents and retail rents –...

Politics

1 week ago The View | Will Hong Kong, mainland property see a recovery in 2026? Don’t bet on it

The View | Will Hong Kong, mainland property see a recovery in 2026? Don’t bet on it  South China Morning Post

Politics

2 w. ago CityU joins ranks of schools snapping up Hong Kong offices with Festival Walk buy

City University of Hong Kong has bought an office property in Kowloon for HK$1.96 billion (US$252 million), joining a growing list of educational institutions buying office assets amid depressed prices as the city’s office market shows early signs of stabilising. CityU Limited, a wholly owned subsidiary of the university, acquired the low-rise office block at Festival Walk in Kowloon Tong from Singapore-based Mapletree Pan Asia Commercial Trust. The agreement was signed on December 10, and the...

Culture

2 w. ago 18 years jail for Hong Kong manager who stole HK$61 million by adding ‘0’ to cheques

A Hong Kong property manager has been sentenced to 18 years in prison after bilking a housing estate out of HK$61.1 million over a decade by inflating his reimbursement claims tenfold with the addition of a zero to issued cheques. The High Court on Tuesday found that Wong Wai-lung, who gambled all the money away, deserved a deterrent sentence for acting in gross breach of the trust placed in him as the person in charge of overseeing the chequebooks and financial documents of Choi Ming Court in...

Economics

2 w. ago Hong Kong developer SHKP nudges up prices on latest Sierra Sea flats on offer

Sun Hung Kai Properties (SHKP), Hong Kong’s largest developer, has priced the next batch of units on offer at its massive Sierra Sea residential project about 5 per cent higher than previous phases, signalling a welcome improvement in the city’s housing market. The 148 units in Phase 2A of the development in Sai Sha Wan, Sai Kung, were priced from HK$3.43 million (US$440,961), with an average discounted price of HK$10,968 per square foot, according to sales documents released on Tuesday. The...

Politics

3 w. ago Hong Kong luxury flat sells for US$28.9 million in latest high

A luxury flat in Hong Kong’s Kowloon Tong district is one of the latest to have found a buyer amid a rosier outlook for the city’s residential property market. The HK$225 million (US$28.9 million) property in Tower 6 of Mont Verra was bought by Elbe Rhein Investment on December 12 and the transaction was registered on Monday, according to the Land Registry. Before changing its name to Elbe Rhein last year, the company had been operating under the name of Migao Corporation since 2008, according...

Economics