Commercial Property

Sunac China expects loss of up to $27.9b

Sunac China expects loss of up to $27.9b

The company said it is mainly due to the significant reduction in recognised revenue.

Swire Properties posts $766m loss in 2024

This was mainly due to a larger fair value loss on investment properties

Wan Chai commercial site on the market for $115m

The site has a total gross floor area of 14,787 square feet.

Tsim Sha Tsui commercial site up for sale for $88m

The property is a corner site, spanning 1,410 square feet.

Hongkong Land widens loss by 138% in FY2024

It was due to non-cash provisions from the Chinese mainland build-to-sell business.

Property sales dropped 12.8% MoM in February

Experts say sales volume will likely rebound in the coming months.

Hong Kong unveils 2025-26 land sale plan

This includes eight residential sites.

Govt adjusts stamp duty rates on property transactions

For properties valued up to $4m, buyers will pay a nominal duty of $100.

Hong Kong halts sales of commercial sites

But this move “will be effective for the next five years only," a property analyst said.

Gov’t approves 14 building plans in December

The approved plans are for residential, industrial, commercial, and community service developments.

Hong Kong universities drive market shift: strategic acquisitions for student housing

Current market dynamics reveal a shift towards end-users; investors increasingly focus on acquiring real estate that meets their operational...

Swire Properties expects $800m loss for 2024

This is driven by larger fair value loss on investment properties and lower one-off gains.