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’s interest in New World is a sign of the changing mood in Hong Kong’s beleaguered property market.

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

Sogo malls, especially the flagship Causeway Bay one, have long been among Hong Kong’s prime retail destinations.

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

The asset sale has taken on added urgency as New World Development struggles to advance prolonged and stalled disposal talks.

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,

Residential properties at the Mount Nicholson project. When measured by per square foot, it is Asia's most expensive apartment.

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

Knight Frank expects mass residential prices in Hong Kong to jump 5% to 8% in 2026 and luxury values to rise 3% to 5%.

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

A fire in late November that ripped through seven high-rise towers and killed more than 160 people.

Hong Kong arrests 21 for corruption in building renovation crackdown

They include middlemen, project consultants and contractors

Prices have risen 2.8% so far this year, after tumbling nearly 30% from a 2021 peak.

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

Home prices in Hong Kong have risen 2.8% this year, turning around from an annual decline since 2021.

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