Hong Kong developers released nearly 300 new flats to the market amid enthusiastic demand from potential homebuyers as the latest official data show completion of private residential units is set to decline this year and next. As of 3pm, 138 out of 218 units at the One Victoria Cove Phase I in Hung Hom, jointly…
A Henderson Land Development joint venture has won a five-year contract to operate the Central Harbourfront Event Space in Hong Kong, with a clause that would require the government to be compensated if the number of events falls short of its commitment. The Development Bureau on Thursday announced that Central Grand Limited (CGL), a joint…
Hong Kong homebuyers flocked to the second round of new flat sales at the La Mirabelle I project in Tseung Kwan O, underscoring continuing demand for property amid escalating tensions in the Middle East. By noon, 72 of the 168 units had been sold, according to agents. Another 86 flats have been made available via…
Hong Kong developers are raising prices of new homes this week following sold-out launches in recent days, further testing the appetite of homebuyers amid geopolitical and interest rate uncertainties. Henderson Land Development put another 39 units at its Chester project in Hung Hom on sale on Monday, with 25 homes finding buyers, according to agents….
A section of Hong Kong Island’s southwest coast at Aberdeen will be revamped into a new marina with 200 berths, a clubhouse and about 250 private flats by 2032 as part of government efforts to boost yacht tourism. The Development Bureau said on Wednesday that it aimed to launch a tender in the first half…
Hong Kong police have launched a manhunt for three people involved in a suspected deception case in which a shop reportedly lost 73kg of gold bars worth an estimated US$12 million, the South China Morning Post has learned. The force said on Friday that a woman in Hung Hom had made a report around 2.57pm…
Hong Kong police have arrested five people and recovered nearly HK$100 million (US$12.7 million) worth of gold stolen in a suspected deception case, in which a “buyer” allegedly worked for a group that seized the haul before fleeing. The incident took place at about 2.45pm on Friday at an office in Peninsula Square, a commercial…
A new harbourfront event space featuring exhibitions, performances and pet-friendly facilities will open in Hung Hom next month, after Hong Kong granted a three-year tenancy for the former railway freight pier to a firm with links to mainland China. The Development Bureau said on Monday that it had granted the tenancy to Bay Area Media,…
A Hong Kong taxi driver has been fined HK$1,000 (US$128) for rude behaviour, having allegedly thrown a passenger’s change out of the window after she had asked him to slow down. Magistrate Winnie Lau Yee-wan at West Kowloon Court convicted taxi driver Lam Ching-fung of behaving rudely towards a female passenger who had booked his…
Hong Kong authorities plan to complete several promenade projects linking the Kowloon waterfront by the end of 2028, extending the total length of pedestrian pathways on both sides of Victoria Harbour to 34km (21 miles). The Development Bureau said on Sunday that 14km, or 70 per cent of the 21km developable waterfront on the Kowloon…