Kowloon

New Business

Hong Kong’s office leasing market picks up pace for fourth straight month

Office-leasing activity in Hong Kong rose for a fourth straight month in July, chipping away at the elevated vacancy rates…

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New Business

Southeast Asian ‘smart money’ fishing for ‘trophy assets’ among Hong Kong’s luxury homes

Mainland Chinese buyers and “smart money” from Southeast Asia will continue “bottom-fishing for trophy assets” in Hong Kong’s luxury property…

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New Business

New World-led Deep Water Pavilia makes strong start, sells 17 flats for over HK$1 billion

The developers of a luxury residential project in Hong Kong’s Southern district pulled in more than HK$1 billion (US$128 million)…

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New Business

Meitu founder buys Hong Kong’s Ginza-style building for US$84 million

Mike Cai Wensheng, the co-founder and chairman of Chinese selfie app Meitu, bought a 53,000 square foot commercial building in…

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New Business

Hong Kong residential landlords get support from workers at hedge funds, crypto: Savills

The firm said expatriates returned to the city from Singapore in the first quarter of the year, though there was…

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New Business

Hong Kong property: rich and famous lose billions as they succumb to slumping home values

Hong Kong elites lost billions in property deals in 2024, as wealthy individuals facing liquidity challenges in a high-interest rate…

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New Business

Chen Hongtian saga: Hong Kong university pays US$334 million for tower in distress sale

One HarbourGate East Tower, a premium office building formerly owned by cash-strapped Chinese tycoon Chen Hongtian, has found a new…

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New Business

Hong Kong property: Agile chairman Chen Zhuolin loses US$16 million in distress sale

Chen Zhuolin, the chairman of distressed mainland Chinese developer Agile Group, has sold all nine units he owned in a…

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