Hong Kong Property

Home flippers return to Hong Kong on property price recovery

Ares and New World, which co-own the office-and-retail tower 83 Wing Hong Street, have recently dropped prices to offload some units in the development.

New World, Ares cut Hong Kong office tower unit prices up to 57%

Knight Frank anticipates as many as 80,000 home transactions this year, the most since 2012.

Hong Kong home prices extend longest streak of gains since 2018

Hong Kong youth no longer see a stable job and a lifetime of work as the only life goal – instead, they place greater emphasis on freedom and quality of life.

Not in education, employment or training: Why more Hong Kong youths are opting out of work

Caution among the financial firms and mainland investors could weigh on sales of insurance policies, wealth management products and stock offerings in Hong Kong.
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Beijing’s investment clampdown clouds outlook for Hong Kong banks, insurers

The asset up for sale comprises the Sheraton and Four Points by Sheraton Tung Chung and was first put up for sale by Shimao.

Hong Kong’s second-largest hotel risks being seized by banks

Brokerage analysts forecast gains of at least 10% for Hong Kong's home prices for 2026.

Hong Kong home prices extend rising streak in April

The shortfall represents about a third of the refinancing for the loan, which is secured against the iconic Sogo department store in shopping district Causeway Bay.

Hong Kong’s Sogo Department store racing to refinance loan: sources

The negotiations are the latest chapter in the long-running saga of the 11 Skies project, which has become a stumbling block for New World.

New World mulls fee to avoid US$9 billion rent for 11 Skies mall project