Residential Property

Student accommodation crisis looms in Hong Kong amidst housing shortage

Currently, the private student housing market can only accommodate 0.4% of the total enrolled population.

Banks wary of risks in China's housing push

In 2023, property development loans expanded by a mere 1.5%

Kaisa Prosperity gross profit climbs 2.2% YoY in FY23

Total GFA under management amounted to 102.3 million sq.m.

Gov’t rolls out a new round of GSH flats for sale

Over 2,500 units will be available in this exercise.

Hong Kong retail eyes 5% growth in 2024

Recovery hinges on global economic stability and government policies.

Historic Jessville Manor sells for $207m

The Grade III residence has a GFA of 12,288 sq ft.

Lower rates not enough to halt Hong Kong’s slowing economic growth: Natixis

Ongoing property woes a growing issue for its largest source of tax income.

Wheelock's SEASONS PLACE launches at 7-year low

The entry-level unit will be available at a price point of $4.472m. Wheelock Properties and MTR Corporation have unveiled the price list for the...

Cullinan Harbour unit sells for $120m: report

Price per saleable square feet is $55,276.

Luxury residential rentals declined in 4Q23

Some tenants reportedly prefer renting instead of owning.

Hong Kong property transactions down 3.7% in February: report

But value rose more than threefold, partly thanks to a sale of a shopping mall.

Hongkong Land Holdings posts US$582m net loss in FY23

The company attributed its loss to a gradual decline in its prime office portfolio valuation.

Relaxed property curbs to attract foreign homebuyers, says expert

The city’s wealthy population rose by 2.5% last year.

Home prices expected to decline in 2024: report

The city's property sector is also expected to face a gradual tightening of funding until prices stabilize in 2025. Home prices are predicted to...

Residential property at No. 25 Junction Road, Kowloon up for sale

The asset features a total gross floor area of 4,834 sq. ft. The residential property at No. 25 Junction Road, Kowloon, has been up for sale by...