News

Bacha Coffee unveils new location at Hong Kong International Airport

Guests may choose from over 200 coffees, served hot or iced.

Land sales revenue falls behind fiscal goal, totaling $3.7b by October

It represents only 11.2% of the government's target of $33b.

New home inventory projected to balance by late 2025 as supply declines

The months of supply has dropped to 78.2 months as of October 2024.

HK gov’t to review criteria, scope of TAVA scheme eligibility

This is due to reports of individuals defrauding the said scheme.

HKMA eases mortgage loan limits, sparks concerns over property valuation risks

JLL said buyers face higher risks as the housing market is still in a downturn.

CUHK introduces non-invasive test for gastrointestinal inflammation

The invention can effectively differentiate common chronic gut disorders.

Nearly half of Hong Kong consumers foresee income growth in 2025

Millennials lead the way at 51%, up from 40% last year.

Less containers, ocean vessel arrivals in Q3

The port handled 3.41 million TEUs of containers during the quarter.

Total port cargo throughput down 3.5% YoY in Q3

Both inward and outward port cargo declined.

Cathay Pacific launches direct flights to Munich, Germany

This marks the airline’s second route to Germany.

Property sales up 31.3% in November with 7,689 units sold

The Land Registry recorded 382,391 land register searches during November.

Agile Group Holdings reports $1.28b pre-sale value

Average selling price is $13,815 (RMB12,925) per square meter.

Gov’t launches pro-bono mediation scheme for water seepage disputes

Parties can conduct mediation by submitting a request through eBRAM’s platform.

Hong Kong rate cuts to drive investor interest in 2025

Lower rates will attract institutional and property funds to value-driven opportunities.