Hong Kong authorities estimate that acquiring all homes in the fire-ravaged Wang Fuk Court will cost around HK$6 billion (US$770 million), with officials saying that rebuilding on the same site was “not really very practical”. Deputy Financial Secretary Michael Wong Wai-lun said on Saturday that the site was expected to be repurposed for community facilities…
Hong Kong’s primary residential home sales in 2026 are forecast to again reach decade-high numbers, as developers continue to clear inventory and homebuyers focus more on small, low-cost flats. Transactions next year were projected to reach about 21,000, while total home sales were expected to climb to around 71,000, up 8 per cent from this…
Hong Kong has seen an increase in applications to import pets after the city cut the quarantine period for cats and dogs from mainland China from 120 to 30 days. The Agriculture, Fisheries and Conservation Department (AFCD) also said that a greater number of quarantine units at its new Kai Tak complex had further reduced…
Hong Kong’s transport chief has urged caution from drivers after the Yau Ma Tei section of the Central Kowloon Bypass recorded its first accident on Tuesday, just three days after opening. Police said a medium-sized truck crashed into a car at 9.16am while both vehicles were heading west towards Kwai Chung, after the truck changed…
Hong Kong’s transport authorities are putting up more signs on the Yau Ma Tei section of the Central Kowloon Bypass to make directions clearer, following complaints of inadequate signage despite the newly opened thoroughfare operating smoothly on its first day. Secretary for Transport Mable Chan said that 50,000 vehicles had so far used the bypass’…
Hong Kong’s long-awaited Yau Ma Tei section of the Central Kowloon Bypass opened on Sunday, with eight bus routes – including three new ones – to begin operating on Monday, cutting peak-hour travel time between West and East Kowloon from 30 minutes to just five. Speaking at the opening ceremony, Secretary for Transport and Logistics…
Hong Kong motorists and commuters will enjoy shorter travel times when the Yau Ma Tei section of the Central Kowloon Bypass opens on Sunday. The dual three-lane bypass, which connects Yau Ma Tei and Kowloon Bay, is designed to alleviate traffic congestion on major trunk roads in Kowloon by providing a shorter route that allows…
Hong Kong housing authorities will sell more than 9,700 new subsidised flats sized at least 280 sq ft under two separate schemes next year at prices as low as HK$1.5 million (US$193,000), the Post has learned. Insiders said on Wednesday that the Housing Authority, the city’s main public housing provider, would offer 9,783 new subsidised…
Hong Kong police have arrested a school bus driver for allegedly driving under the influence of drugs after consuming marijuana, with one student on board at the time of the incident. Police on Tuesday said they had arrested the 24-year-old, surnamed Yau, after officers noticed the vehicle being driven erratically near the junction of Prince…
Those factors, JLL analysts said, were projected to help trim Hong Kong developers’ swollen inventory, which would drop back to their normal level by the end of next year. “Housing prices have bottomed out, and the outlook for 2026 is cautiously optimistic,” said Joseph Tsang Hon-ping, chairman of JLL in Hong Kong. “We expect capital…