Kai Tak

New Business

Hong Kong property: 10,000 new flats set to hit already supply-heavy market in 2025

Around 10 large residential projects comprising at least 10,000 new flats will hit the Hong Kong market in 2025 as…

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New Business

Hong Kong property deals drop in December as slump thins agent ranks

Property transactions in Hong Kong fell in December amid a slump that has thinned the city’s ranks of licensed property…

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New Business

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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New Business

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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New Business

New World faces risk of mounting losses amid Hong Kong property slump

Echo Huang Shaomei, the newly appointed CEO of heavily indebted New World Development (NWD), is facing a host of formidable…

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New Business

OCBC opens new office in Hong Kong as lender plans to hire up to 15% more staff

Singaporean lender Oversea-Chinese Banking Corp (OCBC), the second-largest banking group in Southeast Asia, opened a new 76,000 sq ft office…

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New Business

1 in 6 Hongkongers are eyeing home purchase in next 5 years: HSBC survey

One in six Hongkongers is considering purchasing a home in the next five years and a third of those prospective…

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New Business

Heavy rain puts a damper on buyer interest in second stage of The Uppland in Tuen Mun, say agents

Heavy rain in Hong Kong put a damper on a property sale in the New Territories on Saturday, despite steep…

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New Business

Hong Kong’s New World, Far East primed for sell-out at Pavilia Forest I amid strong demand

Hong Kong homebuyers flocked to this weekend’s sale of heavily discounted flats at Pavilia Forest I, a joint project between…

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