3 d. ago Hong Kong property firm Gale Well trying to sell US$386 million in assets amid slump

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

Economics

6 d. ago How Hong Kong’s property slump is affecting asset values owned by celebrities and tycoons

Macau tycoon Stanley Ho’s family is selling a site in Tsim Sha Tsui, while actor Nicholas Tse’s shop in Central rented out at a big discount.

Politics

7 d. ago Hong Kong’s Swire Pacific profit slides on property slump, Cathay stabilises

Earnings at Cathay Pacific stabilised while the group switched its focus in the beverage business to Thailand and Laos from the US market.

Politics

9 d. ago Luxury Hong Kong project vendor fined for violating property sales rules

Win Extra, the seller of Pokfulam Peak, was fined HK$26,000 (US$3,345) after pleading guilty to three charges.

Politics

2 w. ago Hong Kong rejects US credit rating agency’s report on property market oversupply

Report by S&P Global Ratings says excess of office space the ‘most acute’ problem facing sector.

Politics

2 w. ago Hong Kong MTR Corp’s profit doubles to HK$15.77 billion driven by ridership, property

But CEO Jacob Kam warns most of the profits will be reinvested into future projects.

Economics

2 w. ago Hong Kong’s MTR Corp back on track as profit doubles to HK$15.8 billion

But CEO Jacob Kam warns most of the profits will be reinvested into future projects.

Economics

2 w. ago Hong Kong still among the 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.

Politics

2 w. ago Hong Kong retail property fund Bridgeway sells Jordan shop at 30% discount

Bridgeway, managed by veteran investor Edwin Lee, sold the shop for HK$18.7 million (US$2.4 million) after acquiring it for HK$27.5 million.

Politics

2 w. ago Hong Kong property: Winland’s 5 asset sales show more distress in store

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

Politics

2 w. ago Mainland Chinese brands to lead retail leasing in troubled Hong Kong market

Mainland Chinese brands are seizing opportunities from rising tourism and an influx of migrants, analysts say.

Economics

3 w. ago Kerry’s Hava flats sell out as stock rally lifts the mood in Hong Kong’s property market

All 250 units of Hava projects, on offer at an average price of HK$10,658 per square foot, were sold out as of 4.30pm.

Politics

4 w. ago Hong Kong banks face rising risks amid prolonged property slump, Moody’s warns

Moody’s highlights the potential for higher loan-loss provisions and a tightening of credit lines, particularly for smaller developers.

Events