high interest rates

New Business

Hong Kong land sale to fetch around US$76 million amid developer caution

Six Hong Kong developers are vying for the only residential land plot that the government made available last quarter, but…

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New Business

Hong Kong to offer just 1 land plot this quarter amid developer caution

The Hong Kong government will offer a single plot of land to developers in the final financial quarter, making a…

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New Business

Shimao slashes Hong Kong Sheraton hotel price by 25% to speed up restructuring

Defaulted mainland Chinese developer Shimao Group Holdings has slashed the asking price for a Sheraton-branded hotel property near Hong Kong’s…

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