Hong Kong Property
Hong Kong’s housing market rebounds with renewed city buzz
Home prices rise 3.25% in 2025, the first annual increase in four years
Blackstone in advanced talks to be New World Development’s largest shareholder
Under the proposed deal, the US company would be able to restructure the embattled developer
Hong Kong’s Sogo Mall operator seeks HK$8 billion loan refinancing
Lenders have paused earnings checks for Lifestyle International as it seeks to refinance
New World seeks asset sale by June to create positive cash flow
The firm is leaning towards disposing of a core asset located in Hong Kong,
Hong Kong house sells for HK$1.04 billion with 25% gain over decade
The city has seen a flurry of luxury home sales in the past month as sentiment warms up
Hong Kong developers sell US$750 million of luxury homes in weeks
The string of new luxury home sales contrasts with the gloom hanging over the market in the first half of 2025
Hong Kong arrests 21 for corruption in building renovation crackdown
They include middlemen, project consultants and contractors
Hong Kong expects higher private housing land supply as outlook brightens
The government has halted commercial land sales since the 2023/24 financial year due to continued soft office demand
Hong Kong home prices rise for sixth month as market sentiment perks up
Property developers have been selling new flats at discounted prices to boost sales