What does an improved Hong Kong property outlook mean for land sales?

    What does an improved Hong Kong property outlook mean for land sales?

    The competition could intensify at tenders for Hong Kong’s residential plots as developers replenish their land banks amid a recovering property market, with the tug of war testing their financial discipline as they bid for parcels at a “noticeable premium”, according to S&P Global Ratings, though some analysts believe that the return of confidence is…

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    Challenges ahead for Wang Fuk Court homeowners who reject buy-back offer

      Challenges ahead for Wang Fuk Court homeowners who reject buy-back offer

      Homeowners of the only block undamaged in the deadly Wang Fuk Court inferno who decline the government’s buy-back offer will face significant challenges in the management and maintenance of their properties in the long run, Hong Kong authorities have warned. Deputy Financial Secretary Michael Wong Wai-lun said on Wednesday that while the government respected homeowners’…

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      Housing authorities expand use of smart technologies to support elderly

        Housing authorities expand use of smart technologies to support elderly

        Hong Kong’s housing authorities will expand the use of smart technologies, such as door sensors, in-home fall detectors and stair climbers, to enhance safety and convenience for elderly residents at public estates as the city’s population ages. Michael Hong Wing-kit, deputy director of housing overseeing estate management, said a pilot scheme to install sensors, which…

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