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July 25, 2025
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Tag: property downturn

Editorial | Homes market in need of more competition
  • Hong Kong News

Editorial | Homes market in need of more competition

Cs news2 months ago03 mins

The recent property downturn has paradoxically increased the market dominance of Hong Kong’s three biggest developers. An estimated 60 per cent of new residential units this year and next will be delivered by Sun Hung Kai Properties (SHKP), CK Asset Holdings and Henderson Land, up from 40 per cent in the past two years. Meanwhile,…

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China Vanke’s Le Mont project in Tai Po selling briskly despite mortgage concerns
  • Hong Kong News

China Vanke’s Le Mont project in Tai Po selling briskly despite mortgage concerns

Cs news4 months ago02 mins

China Vanke has sold around a quarter of the more than 200 units on offer at its Le Mont project on the first day of sales, despite earlier reports indicating that some Hong Kong banks were refusing to extend mortgages to prospective buyers. By 1pm on Saturday, 58 of the 228 available flats at the…

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  • Education Department says it will release billions in grant money withheld from schools July 25, 2025
  • What Europe’s response to a no-deal with Trump could look like July 25, 2025
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  • Hong Kong Airlines flight lands, ends up facing other aircraft on Taiwan runway July 25, 2025
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