Hong Kong’s residential property market made gradual and steady gains in the Year of the Snake, with the momentum set to continue in the Year of the Horse, according to the city’s largest real estate agencies. “The Year of the Snake marked the end of three years of decline and a strong rebound fuelled by…
Thousands of worshippers flocked to Hong Kong’s best-known Taoist temple on Monday for the annual ritual of the burning of the first incense sticks, marking the start of Lunar New Year with prayers for prosperity and health in the Year of the Horse. The Sik Sik Yuen Wong Tai Sin Temple threw open its doors…
A director of Hong Kong-based Prince Jewellery and Watch has sold a flat in Kowloon and upgraded to a two-storey unit in the same neighbourhood, with an analyst saying that wealthy homeowners are taking advantage of improving sentiment to swap their dwellings. Tang Yick-ki, a director at Prince Jewellery and Sky Regal Properties, completed both…
Hong Kong’s tender for a 3,132 square metre (33,712 sq ft) residential plot in Ngau Tau Kok, Kowloon East, has drawn nine bids, according to the Development Bureau. The site was estimated to be worth as much as HK$1.55 billion (US$198 million), according to real estate services provider CBRE. Sun Hung Kai Properties, Henderson Land…
Hong Kong authorities have launched a two-month operation to inspect fire safety equipment in residential and mixed-use buildings that are aged 39 years or older, in a continuing effort to strengthen oversight in the aftermath of the deadly Tai Po blaze. Law Kin-san, divisional officer for policy at the Fire Services Department, said on Monday…
Hong Kong’s young adults are being pushed off the housing ladder, with the proportion of subsidised homeowners aged 30 to 39 nearly halving to 16 per cent over the past two decades, and a mid-sized private flat now costing more than 18 years of an average household’s combined income, a study shows. The “Hong Kong…
About a quarter of the runners for the coming Standard Chartered Hong Kong Marathon are from outside the city, a record for the annual race, the organiser has said. Authorities also warned that road closures for Sunday’s marathon will affect services along 269 bus and 40 minibus routes, and called on residents to plan their…
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…
A man has been found dead after a fire broke out at a public housing estate in Hong Kong, prompting the evacuation of more than 200 residents. Police said they received multiple reports from 8.04am on Sunday about thick smoke billowing from an upper-floor flat at Mei Yu House in Shek Kip Mei Estate, Kowloon….
Tourist numbers on New Year’s Eve have shown that Hong Kong remains an attractive destination for countdowns, according to the tourism minister, with sector representatives underscoring the need to direct visitors to different parts of the city. Secretary for Culture, Sports and Tourism Rosanna Law Shuk-pui said on Saturday that close to 200,000 visitors arrived…