K. Wah International Holdings – Charm

Hong Kong homebuyers face dwindling discounts as property market stabilises

2 months ago01 mins

May Chan is looking for a home that she can call her own. The freelancer wants to buy a flat, but high mortgage rates as well as uncertainty in the property market kept her from taking the plunge. “I would like to buy a flat, if I can afford it,” she said. “It would certainly…

Hong Kong logistics group’s CEO buys US$17 million home as wealthy accumulate assets

Hong Kong residential plot fetches US$230 million as Chinese developer outbids city rivals

3 months ago03 mins

Hong Kong-listed mainland Chinese developer China Overseas Land & Investment won a bid for a 3,132-square-metre (33,712 sq ft) residential plot in Kowloon East, beating some of the city’s largest developers with a higher-than-expected tender. The state-backed developer beat eight rivals to secure a 50-year grant for the parcel in Ngau Tau Kok with its…