Xander Ceballos

Hong Kong real estate poised to grow in 2025 amidst sustained retail, office demand

Hong Kong’s commercial real estate market saw strong investor activity in the second half of 2024.

Trade tensions cloud Asia’s economic recovery outlook: report

The findings were based on discussions with investors from Singapore and Hong Kong.

Kai Tak Sports Park opens as Hong Kong’s largest sports hub

 It features a 50,000-seat main stadium, a 10,000-seat indoor arena, and a 5,000-seat Youth Sports Ground.

Hong Kong land sales struggle as developers stay cautious: analysts

The latest bidding results for Sha Tin Town Lot No. 625 reflected tepid developer interest.

Hong Kong’s visitor arrivals jump 31% in 2024

The majority or 34 million people arrived from Mainland China, whilst 10.5 million came from other regions.

Hong Kong to raise capital for infra expansion

Capital works expenditure will increase to about $120b annually from the previously estimated $90b.

Gov't introduces one-off tax cut for 2024/25 tax year

A 100% reduction in profits tax, salaries tax, and tax under personal assessment has been proposed.

Govt adjusts stamp duty rates on property transactions

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

Hong Kong professionals turn to contracting as career goals shift

83% of professionals in Hong Kong see contracting as an industry with strong career growth opportunities.

Four in five Hong Kong entrepreneurs hold multiple residencies: report

HSBC said Hong Kong ranked second only to New York in terms of ultra-high-net-worth residents.

Sino Land profit drops 30% to $2.2m

Despite the decrease, the company maintained its interim dividend at 15 cents per share.

Stamp duty cut to boost demand in Hong Kong’s lower-end housing

For a $4m property, buyers will now pay $60,000 less in taxes, which could help stimulate demand in the lower-end housing market.

Transparency needed to boost confidence in Northern Metropolis: analysts

An analyst also pointed out that developers are hesitant due to unclear government policies.

Hong Kong’s property price-to-income ratio drops: JLL

However, the number of units on disposed sites ready for construction dropped by 33% year-on-year.

Procurement, logistics roles in demand for HK manufacturing in 2025

 Companies are increasingly adopting nearshoring strategies in Asia to diversify supply chains and minimise geopolitical risks.

Tech talent shortage threatens digital growth in Hong Kong: report

 The demand for technology professionals is on the rise, with 22% of employers planning to expand their technology teams.