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Hong Kong property

Greater Bay Area property market to see brighter days ahead as synergies build in the 11-city bloc

by Anas Siddiqui
Greater Bay Area property market to see brighter days ahead as synergies build in the 11-city bloc

Property markets in China’s Greater Bay Area will see an uptick in 2024, as businesses and communities find synergies within the 11-city economic powerhouse which has a GDP of US$2 …

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Hong Kong’s commercial developers must step up to charge up as city’s growing EV fleet leaves a shortfall in charging stations, CBRE says

by Anas Siddiqui
Hong Kong’s commercial developers must step up to charge up as city’s growing EV fleet leaves a shortfall in charging stations, CBRE says

Major business clusters such as Central, Western and Yau Tsim Mong account for less than 10 per cent of public chargers, while Kowloon East has about 20 per cent, the …

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Hong Kong church Island ECC acquires floors in building that is home to famous Sunbeam Theatre

by Anas Siddiqui
Hong Kong church Island ECC acquires floors in building that is home to famous Sunbeam Theatre

Christian church Island ECC has acquired several floors in Kiu Fai Mansion in North Point, which houses the Sunbeam Theatre famous for its Cantonese opera performances. The church has secured …

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Hong Kong luxury property owners turn to high-interest private loans for relief from liquidity pain

by Anas Siddiqui
Hong Kong luxury property owners turn to high-interest private loans for relief from liquidity pain

That amount matches what she paid for the Repulse Bay land plot in 2011 at what was then the second-highest price per square foot ever paid in the city, HK$38,500 …

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Hong Kong property deals surge to their highest since August as stable interest rates lure buyers

by Anas Siddiqui
Hong Kong property deals surge to their highest since August as stable interest rates lure buyers

The number of property transactions in Hong Kong surged 17 per cent in January to 4,399 deals from a month ago, with total sales rising 12.5 per cent to HK$37.79 …

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Hong Kong property: home prices slump to lowest since January 2017 as high interest rates undercut demand

by Anas Siddiqui
Hong Kong property: home prices slump to lowest since January 2017 as high interest rates undercut demand

“The market sentiment is still weak, as there is limited good news in the market,” said Martin Wong, director and head of research and consultancy for Greater China at Knight …

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Influx of mainland Chinese F&B brands such as Hey Tea, Mixue could provide relief to Hong Kong’s retail property market, analysts say

by Anas Siddiqui
Influx of mainland Chinese F&B brands such as Hey Tea, Mixue could provide relief to Hong Kong’s retail property market, analysts say

Late one afternoon this month, as customers lined up outside a new high-street shop in Mong Kok for a cup of Mixue Bingcheng bubble tea, Lily Cheng finally ordered her …

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Hong Kong’s industrial property segment seeing pick up amid rising demand for data centres, JLL says

by Ron Morgan
Hong Kong’s industrial property segment seeing pick up amid rising demand for data centres, JLL says

“Data centres require scalable and reliable infrastructure and networks. However, the traditional challenge is the scarcity of new supply and buildings suitable for conversion into high-capacity data centres in the …

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Hong Kong property: Templeton joins China Re in relocating to Two IFC as office rents fall

by Anas Siddiqui
Hong Kong property: Templeton joins China Re in relocating to Two IFC as office rents fall

Hong Kong’s Two International Finance Centre (Two IFC) seems to be the preferred address for the banking and finance sector, as office vacancy rates rise and rents fall in the …

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Investment in Hong Kong property set for turnaround in 2024 after hitting 15-year low last year, Colliers says

by Anas Siddiqui
Investment in Hong Kong property set for turnaround in 2024 after hitting 15-year low last year, Colliers says

Investment in Hong Kong property fell by 28 per cent to HK$37 billion (US$4.73 billion) last year, its lowest level since the 2008 financial crisis, but is expected to rise …

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