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Hong Kong property

Chinese craft beer maker RichKat taps into Hong Kong’s frothy market

by Anas Siddiqui
Chinese craft beer maker RichKat taps into Hong Kong’s frothy market

RichKat Craft Brewing, a Shenzhen-based beer brand, has opened two pubs in Hong Kong, a move that could benefit the company as the beverage is tipped to become one of …

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Heytea snaps up Mong Kok space as mainland Chinese brands step up Hong Kong expansion

by Anas Siddiqui
Heytea snaps up Mong Kok space as mainland Chinese brands step up Hong Kong expansion

Mainland Chinese brands have been the most aggressive non-local entrants into the Hong Kong retail market so far this year, as lower rents entice popular chains – especially sellers of …

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Mainland retailers struggle to survive Hong Kong’s sky-high rents, fierce competition

by Anas Siddiqui
Mainland retailers struggle to survive Hong Kong’s sky-high rents, fierce competition

Just 100 meters away on the same street, Radish Southward, a mainland restaurant specialising in spicy Hunan food, had closed its doors a few days earlier, just four months after …

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Discounts drive new home sales at SHKP’s Novo Land in Tuen Mun as buyer sentiment improves

by Anas Siddiqui
Discounts drive new home sales at SHKP’s Novo Land in Tuen Mun as buyer sentiment improves

A new residential project in Tuen Mun has gained traction on the back of generous discounts from Sun Hung Kai Properties (SHKP), while sales of another project in Cheung Sha …

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Hong Kong’s mid-market property segment abuzz with deal-making: CBRE

by Anas Siddiqui
Hong Kong’s mid-market property segment abuzz with deal-making: CBRE

Property consultancy CBRE is targeting the mid-range market in Hong Kong by creating a sub-brand called Value Properties that will address the needs of customers who seek properties outside prime …

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Evergrande founder’s Black’s Link mansion finds a buyer after year-long fire sale

by Anas Siddiqui
Evergrande founder’s Black’s Link mansion finds a buyer after year-long fire sale

A mansion at one of Hong Kong’s most exclusive neighbourhoods found its buyer after a fire sale and 15 months on the auction block, offering a minor victory for China …

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Hong Kong developers keep discounted flats coming as they pare inventory amid rate hopes

by Anas Siddiqui
Hong Kong developers keep discounted flats coming as they pare inventory amid rate hopes

Hong Kong developers continue to hasten sales of new residential projects at discounts to reduce inventory while growing optimism that interest rates will fall this year buoys buyer sentiment. Two …

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Hong Kong property deals fall by a quarter as exuberance over scrapping of cooling measures fades

by Anas Siddiqui
Hong Kong property deals fall by a quarter as exuberance over scrapping of cooling measures fades

Hong Kong’s property sales fell by a quarter in May, the latest official data shows, as analysts said the initial exuberance over the lifting of property cooling measures had started …

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Hong Kong home sales fall to earth following end-of-curbs flight, dragged by gravity of high rates, inventory

by Anas Siddiqui
Hong Kong home sales fall to earth following end-of-curbs flight, dragged by gravity of high rates, inventory

In the primary market, transactions popped up significantly as soon as the government removed the property curbs. A total of 4,141 new residential units were sold in March, compared with …

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Hong Kong property: second-hand prices edge up in April as bargains on new units seduce buyers, analysts say

by Anas Siddiqui
Hong Kong property: second-hand prices edge up in April as bargains on new units seduce buyers, analysts say

“The second-hand home market is facing a lot of competition from the first-hand market, so prices have not had much room to grow,” said Kathy Lee, head of research at …

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