Hong Kong Property

Hong Kong leader says fire probe expected to conclude within 9 months

[HONG KONG] Hong Kong will seek to wrap up an independent investigation into a fire that killed at least 160 people in the Asia financial centre within nine months, the city’s leader said on Friday (D...

Parkview’s challenges reflect the broader strains in China’s real estate industry, where falling values have eroded confidence in assets once considered reliable collateral.

Hong Kong builder Parkview secures US$940 million loan refinancing

Used-home prices in top-tier cities are projected to drop another 10% in 2026

Lai Sun Development entered into an agreement to sell a 50% stake in the 27-storey office tower to Jasmine Investment Development IV.

JD.com to buy stake in Hong Kong’s CCB Tower for HK$3.5 billion

Lai Sun Development has been seeking to offload assets to improve liquidity

Home rents in Hong Kong hit a record high in November, thanks to strong demand from new arrivals attracted by the city’s efforts to attract talent.

Hong Kong duplex apartment sells for record HK$880 million

The unit encompasses 8,310 square feet with four bedrooms, according to sale brochures

The government ordered the immediate removal of scaffolding nets on all public and private residential buildings by Saturday.

Hong Kong races to remove scaffolding nets blamed for fuelling deadly fire

The move comes as authorities investigate the cause of the city’s deadliest fire in decades

The arrival of Chinese immigrants in Hong Kong has increased demand for rental housing.

Hong Kong home rents hit record high on strong Chinese demand

The city’s home prices have been struggling to recover after a four-year downturn

Hong Kong's property slump has restrained growth even as the Asian financial hub makes progress in other areas, such as reclaiming the world’s top spot for stock listings and further expanding its bond market.

Hong Kong property concerns deepen among bankers and regulators

HONG Kong bankers and regulators are signalling growing concern over the city’s deepest real estate downturn since the Asian financial crisis.

The first major hint of New World’s troubles emerged in 2024, when the developer reported its first loss in two decades.

How Hong Kong property giant New World ran into trouble

A record HK$88.2 billion loan refinancing deal in June offers hope of a new start for the beleaguered company

HSBC posted about US$700 million of charges related to the commercial real estate sector during the first nine months.

HSBC warns Hong Kong commercial property under pressure as amid rising bad loans

The city’s banking sector is battling stress from the worst real estate slump since the Asian financial crisis in the late 1990s

The average price of retail space in the city plunged 41% as at August from a 2018 peak, according to Hong Kong government data.

Hong Kong property losses hit PE funds after US$17 billion rush

Offices, near their worst vacancy rates, tank 49% in value