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Hong Kong property

Chief Executive John Lee (centre) has delivered his third policy address. Photo: Eugene Lee

14 things you need to know about Hong Kong leader John Lee’s third policy address

New rules to eradicate substandard subdivided flats and measures to attract visitors from Middle East, Asean and mainland among highlights.

‘Studying in Hong Kong’ brand to boost demand for student housing

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Letters | No room for a housing policy that encourages youth to lie flat

Hong Kong’s young people to find easier path to buying a home in policy address

Improving residents’ living conditions is expected to be a major focus of Chief Executive John Lee’s third policy address.

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An option being considered is increasing the chance of younger applicants being drawn in the ballot for subsidised homes. Photo: May Tse

How this standard duplex transformed into a custom-made dream home

JAAK redesigned an off-the-plan Lam Tin, Hong Kong, duplex with touches of luxury befitting its jaw-dropping views.

Chinachem to sell Hong Kong flats at 2016 levels as recovery proves elusive

Developers still need to offer discounts as market purchasing power is still not sufficient, according to Martin Wong at Knight Frank.

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Hong Kong tycoon Peter Lee looks for good karma in green investments

The Towngas chairman and devout Buddhist hopes to create a more sustainable future through his family office investments.

Peter Lee Ka-kit, the elder son of real estate tycoon and Henderson Land Development’s majority owner Lee Shau-kee. Photo: Dickson Lee

From Fila to Armani, brands snap up prime Hong Kong retail spaces

With rents as much as 65 per cent below historical highs, brands from Europe, the US and Japan see a chance to make a splash.

Editorial | Public housing abuse requires a firm hand

The authorities in Hong Kong are right to scrutinise the eligibility of those living in subsidised flats, even if the residents are elderly.

Hong Kong authorities reclaim 15,500 public rental flats in last financial year

A fifth of recovered flats resulted from mandatory income and assets declarations, says Director of Housing Rosanna Law.

Shek Kip Mei Estate, Hong Kong’s first public housing estate in Sham Shui Po. The Housing Authority said 15,500 public rental flats were reclaimed last financial year. Photo: Sam Tsang

Ambitious NWD growth plans under Adrian Cheng leave company with a big debt load

The litany of projects that Cheng oversaw as CEO of New World made the company one of the city’s most indebted property developers.

Adrian Cheng Chi-Kong in September. Photo: Eugene Lee

Sun Hung Kai’s Cullinan Sky sees another weekend of brisk sales

Quantitative easing and a slew of economic stimulus measures from Beijing have increased buyer confidence, agents say.

Letters | China’s stimulus measures show lessons learned from the past

Readers discuss the evolution of China’s monetary strategy, the need for transparency on MTR plans, and the escalating crisis in the Middle East.

Opinion | How inaction sustains Hong Kong’s plague of subdivided flats

There is no reason ending the shame of subdivided flats and cage homes should be on the same timeline as humans colonising Mars.

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Illustration: Craig Stephens

Hong Kong to sell second logistics site on sweetened terms after feedback

The winner is to surrender 20 per cent of the floor space to the government to ensure its financial viability, instead of 30 per cent; plot ratio reduced to lessen cost.

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The Hung Shui Kiu plot could be developed into a building with 388,685 square metres of floor space, CBRE estimates. Photo: Handout

Letters | Gym’s closure underscores need for whistle-blower protections

Readers discuss the lessons to learn from Physical Fitness’s troubles, the practice of offering property buyers cash rebates and New Territories development as an engine of growth.

China’s economic stimulus is a boon for APAC private capital market: Preqin

China’s contribution to the region’s market for private capital has tumbled, but measures from Beijing could spark a turnaround.

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Mainland Chinese homebuyers drive property sales in Hong Kong

Buyers from the mainland accounted for 7,575 primary and secondary property transactions in the first eight months of the year.

Construction sites in Kai Tak. Photo: Dickson Lee

Leading Hong Kong developer prices flats at 20% below development cost

Li Ka-shing’s flagship developer has priced the first batch of flats at an average of HK$21,526 per square foot, below the HK$28,000 development cost.

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Hong Kong’s housing market lacks key ingredients to halt losses

Lower financing costs and greater wealth effect from stock gains are needed to overcome another year of declines in home prices, analysts say.

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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.

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

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

The government has approved presale consent for several projects, with developers eager to offload unsold inventory.

Construction workers on a residential site in North Point. Photo: Elson Li

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

In the third quarter, commercial real estate investment volume rose 22.6 per cent quarter on quarter to US$1.28 billion, CBRE said.

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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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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More than 70 per cent of respondents believe subsidies could help them buy a flat more easily. Photo: Dickson Lee

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.

Lai Sun Development put 98 units on sale at The Parkland residential project on Sunday. Photo: Jonathan Wong

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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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.

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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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