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Hong Kong & China

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Hong Kong housing
Hong Kong land sale
China home prices
Last year, Mao Geping Cosmetics opened its first outlet in Hong Kong at Harbour City in Tsim Sha Tsui. Photo: Li Cao
Hong Kong property

Hong Kong to see more mainland Chinese brands enter retail market, analysts say

In the first four months of the year, more than one fifth of new entrants in the city’s retail market were mainland brands, according to JLL.

Banking & finance

SHKP sells out latest flats in Tsuen Wan as Hong Kong market continues recovery

International Property

AI boom fuels US$11.6b data centre investment surge in Asia-Pacific

Hong Kong property

‘Aggressive pricing’: Able Engineering tops titans’ bids in Hong Kong land sale

Able Engineering outperforms analyst forecasts to secure a residential parcel that can fit nearly 1,000 units, and the win is seen reflecting rising confidence in the sector.

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The Tung Chung New Town Development is seen in 2024. Photo: Jelly Tse
The Tung Chung New Town Development is seen in 2024. Photo: Jelly Tse
Hong Kong property

Hong Kong stars Nick Cheung and William Chan join wave of upmarket home sales

Celebrity deals highlight strengthening recovery in luxury property market after transactions more than double in first quarter.

Hong Kong property

Hong Kong property upswing poised to hold despite interest rates risk: Moody’s

Lower mortgage rates, surging rents and demand from talent inflows and buyers from mainland China to sustain recovery, agency says.

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Accounting and auditing

Evergrande liquidators seek US$8.4 billion from PwC units in Hong Kong lawsuit

PwC International seeks removal from case as liquidators press claims against global arm as well as the Hong Kong and mainland China units.

A general view of The High Court in Admiralty. Photo: Warton Li
A general view of The High Court in Admiralty. Photo: Warton Li
China property

Rising used home prices in China’s major cities during April fan stability hopes

With first-tier cities seeing price upticks, analysts are optimistic that the struggling property sector is showing signs of bottoming out.

Hong Kong property

Fresh concepts lift Hong Kong retail property as tourists and consumers return

Landlords betting on a diversified tenant mix – from pop-ups to ‘sportainment’ – to sustain growth in retail property market, analysts say.

Hong Kong property

Buyers flock to SHKP project in New Territories as home market outlook brightens

SHKP generated more than HK$1 billion after the sale of the 154 flats at Lime Spark last week.

Buyers flocked to the SHKP sales office on Saturday for flats at the Lime Spark project in Tsuen Wan. Photo: Handout
Hong Kong property

6 bids for Hong Kong land sale signal renewed confidence despite market caution

Tung Chung site draws bids from major developers SHKP, Kerry and Sino Land, reflecting cautious optimism for the residential property market.

A general view of Tung Chung. Photo: Felix Wong
A general view of Tung Chung. Photo: Felix Wong
Hong Kong property

Hong Kong’s Central office rents set to reverse multi-year slump in second half

Stronger demand has reduced grade-A vacancy rates in Central to a four-year low of 9.6 per cent.

Hong Kong property

Hong Kong’s first biodiversity loan goes to Henderson Land for Central Yards

Loan from HSBC and Hang Seng Bank, reportedly worth US$12.8 million, enhances city’s stature in sustainable finance, parties say.

Hong Kong property

Hong Kong, mainland China spur surge in Asia-Pacific commercial property deals

Office and retail recovery gains traction in first quarter, as Hong Kong transactions jump 367 per cent and mainland China tops the market.

Deal volumes in Hong Kong remain modest in absolute terms, according to analysts. Photo: May Tse
Hong Kong property

Hong Kong’s Tsim Sha Tsui tops Asia luxury retail rents – but loses global crown

City’s luxury retail shows resilience with rising tourist arrivals and new store openings despite global slowdown, according to Savills.

Shoppers queue and snap photos in Tsim Sha Tsui in early May. Photo: Jelly Tse
Shoppers queue and snap photos in Tsim Sha Tsui in early May. Photo: Jelly Tse
Hong Kong property

Is Hong Kong’s cultural hub of West Kowloon emerging as ‘Central 2.0’?

SHKP to benefit as tenants including UBS, JPMorgan Chase and Banco Santander set to move into new office space near high-speed rail station.

Hong Kong property

Hong Kong home market maintains upwards momentum as new flats snapped up

All 154 units at the Lime Spark project sold out as of 4.30pm, while 93 per cent of 158 flats available at Highwood Phase 2 found buyers.

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Hong Kong property

What does an improved Hong Kong property outlook mean for land sales?

Land tenders may test market discipline due to risk of intense bidding, given Hong Kong’s pronounced property upcycles, S&P says.

Hong Kong’s property market has seen a gradual recovery in recent months. Photo: Jelly Tse
Hong Kong’s property market has seen a gradual recovery in recent months. Photo: Jelly Tse
Hong Kong property

Hong Kong home sales surge to 2-year high, boosting overall transactions

A total of 8,692 transactions in all sectors were concluded last month, up 12.3 per cent from March’s 7,737 deals.

Hong Kong property

Hong Kong residential property upturn drives recovery in office, retail sectors

Shop rents will ‘turn positive by year-end’ but likely post a 3 per cent decline for the entire year, Morgan Stanley says.

China property

Dialling down the dazzle: Hang Lung reshapes its China retail formula

Westlake 66 offers early test of Hang Lung’s ‘V3’ strategy, prioritising efficiency, tenant mix and organic expansion over new mega-projects.

Nestled in the heart of the Hangzhou CBD, Westlake 66 is Hang Lung’s 11th development in its ninth mainland city. Photo: Hang Lung
China property

Shenzhen office market gains steam on tech and services demand

Leasing activity in core districts is picking up, driven by tech occupiers, but analysts warn oversupply will keep vacancies elevated.

Shenzhen’s technology sector – spanning artificial intelligence, consumer electronics and robotics – remains a key driver of leasing activity. Photo: Reuters
Shenzhen’s technology sector – spanning artificial intelligence, consumer electronics and robotics – remains a key driver of leasing activity. Photo: Reuters
Hong Kong property

Hong Kong homebuyers flock to new launches as flats sell out swiftly

All 120 units at One Victoria Cove I sold out by late afternoon, while Pavilia Farm III sold 19 of 45 units by 6.50pm.

China property

China’s top tech hub Shenzhen eases homebuying curbs, raises loan caps

Non-local residents with valid residence permits can buy homes in Futian, Nanshan and Xinan.

Hong Kong property

Hong Kong penthouse sells for US$54m to mainland Chinese buyer

Sale of 6,701 sq ft home sets record per-square-foot price for High Peak project in Mid-Levels West.

The penthouse at 23 Po Shan Road, which occupies more than 6,000 sq ft, has a private swimming pool and lift. Photo: Google maps
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