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Hong Kong property

Skyscrapers on Hong Kong Island. One Causeway Bay will offer panoramic views of the city and its spectacular skyline.

Transformation of historical waterfront site on Hong Kong Island marks beginning of new legacy

One Causeway Bay, overlooking Victoria Harbour, promises cutting-edge design and premium office space in heart of city.

One Causeway Bay, overlooking Victoria Harbour, promises cutting-edge design and premium office space in heart of city

In partnership with:
One Causeway Bay

Hong Kong developers plan nearly 18,000 new flats amid rate cuts

Sentiment in Hong Kong commercial property market up on lower rates, stock rally

The View | How Australia’s housing crisis opens door for eager Asian investors

The factors in Australia’s affordability crisis can be seen elsewhere in Asia, making it important for investors not to overlook their own markets.

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A banner displays a picture of new houses with construction in the background in the Caddens suburb of Sydney, Australia, on September 28. While Australia is not the only major Asian economy facing a housing crisis, it is among the most severe. Photo: Bloomberg

30% of Hongkongers will ‘lie flat’, decline pay rise to meet public housing rules

Group says 85 per cent of respondents believe phenomenon of ‘lying flat’ is a result of private flats being unaffordable.

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Hong Kong developer Lai Sun’s property project lapped up by buyers

Buyers flock to Lai Sun’s The Parkland in Yuen Long, snapping up nearly all units amid rate cuts and stock market gains, boosting market confidence.

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Hong Kong property prices have ‘bottomed out’, will ‘rebound slowly’: sector head

Recent strength in stock market can help drive economic recovery and boost property sector, head of developers’ association says.

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Last month, the US Federal Reserve cut its benchmark interest rate by half a percentage point, with the Hong Kong Monetary Authority following suit. Photo: Jonathan Wong

Japanese hotels a magnet for Hong Kong investors to diversify, mitigate risks

Japan’s low interest rates and booming tourism are attracting investors like the Chiu family and Dorsett Hospitality International.

Hong Kong’s Carrie Lam asked to move from expensive office when lease ends in 2025

Criticism over her annual rent of HK$5.67 million emerged after government revealed the cost borne by taxpayers to fund her office.

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Homebuyers flock to Sun Hung Kai’s Cullinan Sky project in Kai Tak amid rate cut

As of 7pm, homebuyers snapped up 204 flats out of the 300 units on offer at Cullinan Sky Phase 1.

Homebuyers pack Sun Hung Kai Properties’ sales office for Cullinan Sky Phase 1 at the ICC in West Kowloon. Photo: Jonathan Wong

Hong Kong to sell residential land plot to maintain housing supply

The government is monitoring market sentiment and will continue to release land strategically to meet housing needs, development minister says.

General view of Tai Wai as seen in July 2021. The government will offer a single residential plot for sale in the area in the current quarter. Photo: May Tse

Hong Kong authorities to inspect 7 sites, suspend work on CK Asset project

Contractor of Kwun Tong residential project installed fewer steel bars on one floor than indicated in approved plans, Buildings Department says.

Hong Kong assures fair bidding process for 3 new mass transit projects

MTR Corp has no advantage in East Kowloon, Kai Tak and Hung Shui Kiu bids as the projects ‘don’t involve a heavy rail system’, official says.

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Hong Kong property deals bottom out in September, but October is looking better

Sales of new and lived-in homes, offices, shops, car parks and industrial spaces dropped 18.7 per cent to 3,843 units in September.

A construction site in Kai Tak. Photo: Xiaomei Chen

New Hong Kong mothers sign up to buy subsidised flats in revamped scheme

Authorities reserving 40 per cent of subsidised flats on sale for households with elderly members and families with newborns.

Hopefuls have until October 23 to submit their applications. Photo: Edmond So

Hong Kong housing official urges elderly residents to report living situation

Rosanna Law reminds those aged 60 years and older to submit declaration forms in latest round of reporting to curb abuse of public housing system.

Letters | How Hong Kong can tackle rising rents and boost the economy

Readers discuss Hong Kong’s property market, and a police shooting.

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Mainland Chinese retailers snag prime spots in Hong Kong at discounted rents

The slumping retail market is forcing landlords to extend deeper discounts, providing opportunities for brands to expand in the city.

The Balabala shop in Harbour City in Tsim Sha Tsui. Photo: Cheryl Arcibal

Was Wah Fu Estate the first self-sustaining housing complex in Hong Kong?

The estate in Pok Fu Lam was valued at HK$3.8 million when it was announced in 1965, comprising a restaurant, department store, bowling alley and community hall

The View | Hong Kong needs to fix its student housing supply

The private student accommodation market shows great potential, but repurposing existing properties will only go so far to satisfy growing demand.

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Hong Kong property investors to keep powder dry as rate cut fails to tempt

‘I would not say an interest-rate-cut cycle has begun,’ expert says. ‘Therefore, we won’t be seeing many investors entering the market.’.

A view of Tung Chung Reclamation, Tung Chung New Town Development, on June 17, 2024. Photo: Jelly Tse

Rising bad debts on Hong Kong commercial property ‘a concern’: HKMA CEO

The increase is ‘not alarming’ as the banking system is robust enough to handle the uptick, according to Eddie Yue.

The vacancy rate for grade A office buildings in Hong Kong soared to 14 per cent in June, the highest point since 2004, according to CBRE. Photo: Yik Yeung-man

Hong Kong developers have best day since May as 200 flats snapped up on rate cut

Hong Kong saw the most number of new flats sold on a single day since May as market sentiment improved after a rate cut by the HKMA.

Hong Kong’s depressed commercial property market burns tycoons, investors

Hong Kong’s commercial property market has buckled under the crushing weight of China’s economic malaise, an exodus of global firms, a supply glut and high interest rates.

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Omega leases another Hong Kong shop amid retail leasing pickup

Swiss luxury watchmaker Omega is leasing another shop on Russell Street, once the world’s priciest retail strip, for US$51,404 a month.

A huge Omega sign on Russell Street in Causeway Bay. Photo: Sun Yeung

Hong Kong’s cassette tycoon sells The Center space to DBS at discount

Singapore’s largest banking group paid HK$700 million, or about HK$26,000 per square foot, for the 66th floor of The Center building in Sheung Wan.

Exterior view of The Center building in Central on 2 November 2017. Photo: Nora Tam

New World Development shares jump after replacement of CEO Adrian Cheng

Shares of New World Development surged after resuming trading following the replacement of its CEO, as the property developer seeks a revamp.

Explainer | Why banks ‘call’ mortgage loans, and what your options are if they do

What to know about when and why a bank might call your loan, and why falling interest rates create more options for strapped borrowers.

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Hong Kong property
Latest news and analysis about Hong Kong’s property industry, including sales, market outlook, policies, products and the performance of developers.
last updated:
9 September, 2024
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