Hong Kong’s commercial property market attracted US$1.6 billion in investment in the first quarter, up 41 per cent from a year earlier, as demand for office, retail and hotel assets picked up amid improving liquidity, according to JLL. Investment volumes could receive a further boost from global investors looking to redeploy their capital amid the…
Seven murals celebrating the Thai and Chiu Chow heritage of Hong Kong’s Kowloon City will be erected in the district known for its ethnic Thai population and traditional stores under a public scheme to encourage building renovations in the area. The first on Jenford Building has been completed on South Wall Road in the heart…
Hong Kong leader John Lee Ka-chiu has promised to allow more children from low-income families to enjoy after-school care on campus by further expanding a government scheme following positive feedback from participants. Social workers and educators welcomed the initiative on Saturday, proposing the government widen the scheme’s coverage to include more pupils and encourage more…
Regal Hotels International Holdings and its units have sold the 494-room Regal Kowloon Hotel for about HK$1.52 billion (US$194 million) to the real estate investment arm of Centaline Group, which operates one of Hong Kong’s largest property agency networks, to be converted into a student hostel. Regal Hotels and affiliates Century City International Holdings and…
The Hong Kong government has lodged civil lawsuits against 16 residents who allegedly refused to vacate homes in a neighbourhood known for its Thai and Chiu Chow heritage, earmarked for a HK$15 billion (US$1.91 billion) redevelopment project. The secretary for justice, on behalf of the Urban Renewal Authority (URA), initiated proceedings at the District Court…
About 20 per cent of the 50 places in the inaugural intake of Hong Kong University of Science and Technology’s new graduate medical school in 2028-29 may be reserved for non-local students, with most of them likely to be from mainland China, according to the institution. Applicants for the four-year graduate entry-level medicine programme must…
A 63-year-old man has died after falling from a Hong Kong high-rise while trying to rescue his pet cat. A security guard at Jubilant Garden in Kowloon City alerted police at 11.27pm on Wednesday after he found the man lying in a flower bed at Block Three. The man was transported to Kwong Wah Hospital…
Hong Kong has welcomed at least four new babies as it enters the Year of the Horse, including a girl whose father is a talent visa holder from mainland China and a boy who is the fifth child of a local couple. Four babies were born at midnight on Tuesday: a girl and a boy…
Hong Kong police have arrested three men on suspicion of burglary after allegedly stealing HK$700,000 (US$89,549) worth of products – including fish maw and shark fin – from a dried seafood shop. Tsang Ka-chun, senior inspector of the Kowloon district crime squad, said on Thursday that the break-in took place on Monday at a ground-floor…
Some tenants of a government-subsidised youth hostel in Hong Kong fear having to return to shoebox homes and are scrambling to find alternatives after a private operator announced its shutdown last week. A resident of the BeLIVING Youth Hub in Causeway Bay told the Post on Friday that the hostel’s operator, the Hong Kong United…