Hong Kong property

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Hongkongers to keep forfeiting flat deposits at high rate, agents forecast

More homebuyers in Hong Kong surrendered their deposits on new flat purchases last year, and property agents expect such defaults…

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Tourism, student housing to give Hong Kong’s hotel assets a bump, experts say

The hotel industry in Hong Kong is set for an exciting year as operators welcome an influx of tourists while…

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Distressed property deals to rise this year as slump forces landlords, receivers to cut prices

Hong Kong is likely to see more distressed commercial properties snapped up by investors this year compared with 2024, as…

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Hong Kong rental yields to pick up momentum in 2025 amid talent-scheme influx, lower rates

Rental yields for Hong Kong residential properties are expected to pick up some momentum next year after receding in October,…

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Leasing momentum, lower interest rates unlikely to rescue Hong Kong’s distressed office landlords

Hong Kong’s office property market is likely to see more distressed sales in the medium term, as banks will need…

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Will Hong Kong celebrities like Chow Yun-fat find buyers for their luxury homes in 2025?

Celebrities like Chow Yun-fat may have had to slash prices of their luxury homes on The Peak, Hong Kong’s most…

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Luckin Coffee’s entry into Hong Kong a sign of mainland Chinese brands’ growing dominance

Mainland Chinese brands are ramping up their presence in Hong Kong, using the city to test the waters before foraying…

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New World loses more market value as developer strives to contain debt crisis

New World Development (NWD) can’t seem to catch a break. Two rounds of top management shake-up to tackle its debt…

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More Hong Kong shops to close as retail habits change, shopping shifts online

With the shopping habits of both Hongkongers and visitors to the city going through a sea change, more brands and…

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Mystery big spender snaps up 26 Hong Kong flats for HK$150 million in 1-day shopping spree

A mystery buyer splurged HK$150 million (US$19.3 million) to snap up 26 new flats in Hong Kong’s Kai Tak district…

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