Citi Group’s latest survey on home ownership in Hong Kong shows that over 70 percent of residents feel that it is a bad or terrible time to purchase a home in the world’s least affordable metropolis.
In a survey conducted… Read More>>
Asia real estate and outbound investment news
Citi Group’s latest survey on home ownership in Hong Kong shows that over 70 percent of residents feel that it is a bad or terrible time to purchase a home in the world’s least affordable metropolis.
In a survey conducted… Read More>>
Tycoon Payson Cha’s Hanison Construction Holdings has agreed to sell a serviced apartment building in the western district of Hong Kong island for HK$420 million ($53.7 million), earning a 66 percent mark-up on a property which it purchased less than… Read More>>
New World Development’s K11 division has won an occupancy permit for its latest Hong Kong office project, kicking off formal leasing activity for K11 Atelier King’s Road, according to an announcement by the company late last week.
The 22-storey office… Read More>>
Hong Kong hotel designer and Macau casino heir Andre Fu, has purchased a floor in a commercial building in Hong Kong’s Central district for HK$82.01 million ($10.5 million), according to a report in the Hong Kong Economic Times.
Andre Fu,… Read More>>
Hong Kong’s Lands Department announced on Wednesday that a joint venture between China Resources Land and Poly Developments won a tender for the second-biggest parcel of land on the runway of Hong Kong’s former Kai Tak airport for HK$12.9 billion… Read More>>
Weave co-living is in the process of acquiring a serviced apartment complex at 123 Queen’s Road West in Hong Kong, according to market sources.
The Hong Kong-headquartered firm is said to be paying approximately HK$585 million to purchase the 23-storey… Read More>>
A pair of luxury homes at the Mount Nicholson project on Hong Kong’s Jardine’s Lookout have sold for a combined HK$1.1 billion, according to records posted on the development’s website, as buyers look for value prices on high end homes… Read More>>
Property consultancy JLL has rejigged its senior leadership in Hong Kong, according to an announcement by the company today, as it expands Gavin Morgan’s role in the world’s most expensive real estate market.
Morgan, who has spent most of his… Read More>>
Less than 10 days after agreeing to purchase a luxury home in southern Hong Kong island for HK$251 million ($32 million), an unnamed buyer has walked away from the deal, forfeiting a HK$12.56 million deposit, according to Hong Kong public… Read More>>
Just three months after purchasing HNA Group’s principal Hong Kong real estate subsidiary for HK$7 billion (then $894.8 million), Blackstone has sold one of the company’s highest profile assets for HK$595 million, according to a pair of announcements to the… Read More>>