Hong Kong’s residential property market closed 2025 on a strong note, with transactions climbing to a six-month high in December, fuelled by demand for low-priced units even as values fell. A total of 5,883 deals were completed last month, up 5.3 per cent month on month and an increase of 43.4 per cent year on…
A top executive of a multinational logistics group has bought a luxury flat in Hong Kong’s Mid-Levels West for HK$132 million (US$16.9 million), adding to a growing list of wealthy buyers acquiring high-end homes as prices soften. Cherry Hill Investment, an entity linked to Arnold Lee, acquired the 2,772 sq ft, four-bedroom apartment at The…
A company linked to the family of late Macau casino pioneer Fu Tak-iam bought a serviced-apartment property in Hong Kong’s Wan Chai district for about HK$550 million (US$71 million) amid renewed investor appetite for rental assets in the city. Pleasure Properties was identified as the buyer of CHI 138, a 107-unit serviced-apartment property at 136…
McDonald’s sold a property in Kowloon for HK$72.4 million (US$9.3 million), as the Chicago-based fast-food giant reached HK$333 million in proceeds at the halfway point in a campaign to dispose of eight Hong Kong retail properties. A company called Mega Champ bought the property in the Tai Fong Building of Cosmopolitan Estate in Tai Kok…
Sun Hung Kai Properties’ (SHKP) luxury residential projects in North Point and Mid-Levels have attracted well-heeled buyers, including a granddaughter of Hang Seng Bank’s co-founder, who snapped up a flat for HK$72 million (US$9.3 million), according to official records. Magdalene Ho Mai-ting bought the flat in Dynasty Court in Mid-Levels, one of Hong Kong’s upmarket…
HSBC is set to occupy more than 40,000 sq ft of space in Capitol Centre in Causeway Bay, as Hong Kong’s largest bank joins a growing list of finance and banking firms snapping up commercial space in the city. The London-headquartered lender signed a five-year lease, which starts May 18, 2026, for five levels –…
Sun Hung Kai Properties’ (SHKP) luxury residential projects in North Point and Mid-Levels have attracted well-heeled buyers, including a granddaughter of Hang Seng Bank’s co-founder, who snapped up a flat for HK$72 million (US$9.3 million), according to official records. Magdalene Ho Mai-ting bought the flat in Dynasty Court in Mid-Levels, one of Hong Kong’s upmarket…
HSBC is set to occupy more than 40,000 sq ft of space in Capitol Centre in Causeway Bay, as Hong Kong’s largest bank joins a growing list of finance and banking firms snapping up commercial space in the city. The London-headquartered lender signed a five-year lease, which starts May 18, 2026, for five levels –…
HSBC is set to occupy more than 40,000 sq ft of space in Capitol Centre in Causeway Bay, as Hong Kong’s largest bank joins a growing list of finance and banking firms snapping up commercial space in the city. The London-headquartered lender signed a five-year lease, which starts May 18, 2026, for five levels –…
Hong Kong’s property deals slipped slightly in November after two months of gains, government data showed, with analysts warning of a deeper pullback this month as the Christmas holidays along with deferred launches of new homes following the deadly fire in Tai Po weigh on sentiment. Sales of new and lived-in homes, office units, shops,…