property market

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Chinese developers, cities tempt homebuyers with perks like private-jet shares, residency

From private jets to permanent residency in major cities, cash-strapped developers in mainland China are offering increasingly aggressive incentives to…

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Chinese developers Logan and KWG use Hong Kong project to refinance US$1 billion loan

Two cash-strapped mainland Chinese developers have secured a private loan to refinance a US$1 billion facility using a luxury property…

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Shenzhen joins Chinese local governments taking unsold homes off developers’ hands

Shenzhen has become the first tier-1 Chinese city to buy up unsold homes, joining several other local governments that heeded…

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Exclusive | Bondholders urge Chinese defaulter Sino-Ocean to rejig US$6 billion debt plan after slamming big haircuts, weak recovery rates

Some offshore bondholders are urging Sino-Ocean Group to revise its US$6 billion debt restructuring terms to win greater support from…

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Hongkong Land net loss expands 150% amid weak sales of mainland China projects

Hongkong Land, the biggest landlord in Hong Kong’s Central business district, recorded widening losses for the first half of this…

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Hong Kong’s 2024 property slump feels like it’s 1997 all over again – or is it?

That was just the start. CK Asset, known as Cheung Kong Property Holdings until it was renamed, would later send…

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Rents may soar amid Hong Kong’s property gloom as students, talent immigrants spur demand

Rents may soar to record levels this year in Hong Kong, as a fresh crop of incoming students and talent…

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China puts tax reform in sights as leaders mull government’s role in alleviating pressure

China’s new tax-reform plans decided at this week’s third plenum will focus on raising income for local governments, as well…

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