New World Development

New Business

Hong Kong’s first-quarter home purchase forfeitures drop in boost for market sentiment

Wavering sentiment in Hong Kong’s residential property market appears to have stabilised, as prices have declined far enough to persuade…

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New Business

Adrian Cheng invests in medical equipment firm in first bet after exit as New World CEO

Adrian Cheng Chi-kong, the former CEO of New World Development (NWD), bought HK$20 million (US$2.57 million) worth of convertible bonds…

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New Business

New World Development plans sweetening of terms on two loans that it is seeking

New World Development plans to sweeten the terms of two loans it is seeking, using a prized asset that it…

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New Business

ICBC Asia backs Hong Kong developers with stable loan support amid sector’s challenges

ICBC (Asia) sees no undue risk in lending to Hong Kong’s large property developers and will also continue to write…

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New Business

Hong Kong property sales fall to 5-month low; buyers spooked by US-China tension: agencies

Hong Kong real-estate sales fell to their lowest point in five months in February, reflecting caution among homebuyers and investors…

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New Business

SHKP’s earnings drop as slowdown erodes asset value amid dampened sentiment

Sun Hung Kai Properties (SHKP), Hong Kong’s biggest developer by market value, said interim profit fell by almost a fifth…

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New Business

CK Asset raises prices for Blue Coast II flats amid Hong Kong market optimism

CK Asset Holdings has slightly raised the prices of flats on the south of Hong Kong Island amid improving sentiment…

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New Business

Hong Kong developers find few takers for flats on sale as buyers await budget stimulus

Hong Kong homebuyers’ sentiment was mixed over the weekend as the city’s tepid property market awaits more supportive measures in…

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New Business

Kerry’s Hava flats sell out as stock rally lifts the mood in Hong Kong’s property market

Hong Kong’s homebuyers snapped up every flat on offer during a weekend sales launch on Saturday, as attractive prices amid…

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New Business

Henderson Land releases price list for Belgravia Place II housing project in Cheung Sha Wan

Henderson Land Development released a price list for a residential project in Cheung Sha Wan – its second in a…

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