The era when Hong Kong residents loved buying — and living in — apartments the size of most kitchens found in ordinary US homes appears to be over. If ever there was an indicator that Hong Kong’s decade-plus run of… Read More>>
Leading today’s Hong Kong real estate news, home sales in the city may be sliding, but high-end shelter seems to still be attracting buyers as a condo on the Peak has sold for HK$667 million, setting a record high price… Read More>>
Things are getting quiet on the mainland as authorities continue to step up enforcement of home sales restrictions in a crackdown first launched in late June. During September home sales fell by 3.6 percent in terms of floor space, marking… Read More>>
Leading today’s Hong Kong roundup, Shanghai Pudong Development Bank — currently headquartered in Central’s Bank of America Tower — has preleased eight floors in Chinachem’s One Hennessy office project in Wan Chai for a record-breaking rent. Together with mainland co-working… Read More>>
Mainland property developer Jiayuan International is venturing into Hong Kong’s residential market by buying a majority stake in three projects from Tang Shing-bor for a combined HK$2.62 billion ($334 million).
According to a statement to the Hong Kong stock exchange,… Read More>>
Leading today’s Hong Kong real estate news, the total spend on property in the city reached HK$300 billion in the first five months of the year, a post-1997 record for the January to May period. Also in the headlines, a… Read More>>
An investment fund managed by Goodman Group has won a site in Hong Kong’s New Territories for HK$2.75 billion ($350 million), which the Australian warehouse builder will develop into a $750 million logistics facility.
A subsidiary of Goodman Hong Kong… Read More>>
Leading today’s Hong Kong real estate news, just a month after snapping up an industrial building in Kwai Chung, Hanison Construction has reportedly purchased another workshop on the other side of Kowloon for HK$420 million.
Also in the headlines, a… Read More>>
Leading today’s Hong Kong real estate news, a local investor is hoping to nearly double his money on a community retail asset in the New Territories, less than two years after buying the Tuen Mun centre from Link REIT for HK$440… Read More>>
The Shenzhen government’s largest listed real estate firm has made its first foray across the border, buying a residential site in the New Territories for HK$3.17 billion (US$406.2 million) in a joint venture with affiliated Hong Kong firm, Road King… Read More>>