The owners’ committee of a Hong Kong private housing estate has said it is “very concerned” after a large section of the ceiling collapsed into an indoor swimming pool, while the MTR Corporation, which manages the property, said a “detailed investigation” was under way to identify the cause. In a notice issued to residents of…
Hong Kong could see another cinema shut down in a prime retail district after the management of IFC Mall began informally sounding out potential tenants for the roughly 20,000 sq ft (1,858 square metres) occupied by Palace IFC, whose lease expires at the end of the year, according to people familiar with the matter. Sun…
Hong Kong’s CLP Power said it was investigating a voltage dip in the New Territories that left dozens of residents trapped in lifts on Friday evening. More than 50 reports of people trapped in lifts were received by the Fire Services Department between 6.30pm and 8pm. Most reports came from Sha Tin and Ma On…
Hong Kong’s property transactions slipped in January, official data showed, but agents are betting on a Lunar New Year “mini-boom” after several new-home launches sold out in recent weeks. Deals covering new and existing homes, offices, shops, car parking spaces and industrial units fell 15.2 per cent month on month to 7,631, while transaction value…
Sun Hung Kai Properties (SHKP), Hong Kong’s largest developer by market capitalisation, puts another 350 units on sale in its Sierra Sea project after four rounds of sold-out flats in January, reflecting returning buyer appetite in the world’s most expensive property market. The batch at phase 2B included 244 two-bedroom and 106 three-bedroom units, with…
Hong Kong homebuyers continued to show strong demand for new residential launches over the weekend, potentially pushing primary market transactions to a five-month high, according to agents. By 3.30pm on Saturday, about two-thirds of the 108 units released at Park Seasons – a Lohas Park project in Tseung Kwan O developed by Wheelock Properties and…
Hong Kong’s Ma On Shan residents will get a new cinema at a recently vacated site of its sole theatre, bucking the trend of closures that began during the pandemic. CineArt Cinema said on Friday it would open a new branch at MOSTown, a shopping centre in Ma On Shan, before Lunar New Year. While…
The only cinema in the Ma On Shan area has shut down, joining the wave of theatre closures in Hong Kong that began during the pandemic. Emperor Cinemas announced on Monday that its branch in MOSTown, a shopping centre in Ma On Shan, had ceased operations on the same day. No reason for the closure…
Hong Kong’s largest developer, Sun Hung Kai Properties (SHKP), appears on track to post another sell-out this weekend for the latest units on sale at its massive Sierra Sea residential project, as improving market sentiment continued to boost homebuyers’ confidence. Homebuyers snapped up more than 70 of the 262 new flats on offer at Sierra…
A 49-year-old man was rescued on Sunday after his paraglider spiralled out of control and crashed into a wooded area in Hong Kong’s New Territories, the second accident involving such aircraft this month. Police received a report at 11.27am from a hiker on Section 4 of the MacLehose Trail that a paraglider had lost control…