Tung Chung

New Business

Hong Kong home prices rise for sixth consecutive month, setting stage for 2026 rebound

Hong Kong’s lived-in home prices rose for a sixth consecutive month in November, extending a recovery that began in the…

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New Business

Hong Kong primary home sales poised for decade high in 2026 as small flats energise market

Hong Kong’s primary residential home sales in 2026 are forecast to again reach decade-high numbers, as developers continue to clear…

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New Business

Hong Kong’s home sales recovery looks more solid as transactions, prices edge up

Hong Kong’s property market is expected to extend its gradual recovery into the end of the year, supported by improving…

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New Business

Li Ka-shing’s CK Asset, SHKP among six bidders for MTR’s Tuen Mun site

CK Asset Holdings, the flagship company of Hong Kong tycoon Li Ka-shing, and Sun Hung Kai Properties (SHKP), the city’s…

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New Business

Hong Kong to offer just 1 land plot this quarter amid developer caution

The Hong Kong government will offer a single plot of land to developers in the final financial quarter, making a…

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New Business

Shimao slashes Hong Kong Sheraton hotel price by 25% to speed up restructuring

Defaulted mainland Chinese developer Shimao Group Holdings has slashed the asking price for a Sheraton-branded hotel property near Hong Kong’s…

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New Business

Nan Fung beats 3 rival groups in MTR tender for Tung Chung station site

Hong Kong developer Nan Fung Group beat three rival groups for a development site near the city’s international airport, marking…

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New Business

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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