New Territories

New Business

NWD and CK Asset launch sales, hoping HKMA’s first rate cut of the year revives sentiment

New World Development (NWD) and CK Asset Holdings on Thursday became the first two developers to announce property sales after…

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New Business

Hong Kong luxury rents lead the world with 8.6% surge in second quarter: Knight Frank

Hong Kong’s luxury home rents increased the most globally in the second quarter, according to Knight Frank, benefiting from an…

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New Business

Hong Kong Ferry buys New Territories retail space for US$33 million from ‘Cassette King’

Hong Kong Ferry Holdings is buying retail shops in the New Territories from Hong Kong’s “Cassette King” David Chan Ping-chi…

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New Business

CLP Holdings sees growth potential in Tuen Mun industrial park as first-half profit falls

CLP Holdings, one of Hong Kong’s two power utility companies, said it saw growth opportunities in a proposed industrial park…

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New Business

Hong Kong government to offer just 1 residential plot for sale in current quarter

Hong Kong’s government will release a mid-size plot for sale in its fiscal second quarter, continuing its tight grip on…

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New Business

More than 90% of Hong Kong’s AI supercomputing capacity in use, Cyberport says

Hong Kong’s ambition to create an artificial intelligence (AI) ecosystem is bearing fruit, with more than 90 per cent of…

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New Business

Tepid sales at Hong Kong’s Uni Residence as competition heats up in new home market

Competition is intensifying in Hong Kong’s new residential property market as improved sentiment and declining mortgage rates have prompted developers…

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New Business

Hong Kong homebuyers flock to latest Sierra Sea units as mortgage rates ease

Emboldened by lower mortgage rates, Hong Kong homebuyers on Saturday purchased all 216 of the new units offered at Sun…

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New Business

Hong Kong home builders bring new flats to market, seizing on sentiment surge

Hong Kong developers are hastening sales of new residential units at attractive prices amid improving market sentiment and a sharp…

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New Business

Buyers snap up 73% of SHKP’s Sierra Sea flats on sale as hot streak continues

Sun Hung Kai Properties (SHKP) sold 73 per cent of the units allocated on Sunday to buyers of its Sierra…

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