Defaulted Chinese developer Shimao Group Holdings Ltd. has slashed the asking price for a Sheraton-branded hotel property ...
Hong Kong, long defined by sky-high property prices, has been experiencing a vicious slump. Home prices have fallen by over a ...
Mainland Chinese developer is asking HK$4.5 billion (US$579 million) for the asset, down from HK$6 billion in March 2023, ...
Analysts forecast up to 5 per cent price fall or rise amid oversupply, falling interest rates and improving stock market performance.
Hong Kong's residential property price index fell sharply by 12.52% in Q3 2024 from the same period last year, its eleventh consecutive quarter of year-on-year decline, according to data released by ...
Actor Chow Yun Fat has lowered the price of his mountain-top mansion to HK$195 million (US$25.1 million), a reduction of ...
And annual land premiums are expected to reach HK$10-15 billion. The Hong Kong property market is less affected by the ...
Cutting the price of his home on The Peak, the film star joins other celebrities and tycoons selling high-end homes at a ...
The Hong Kong Monetary Authority (HKMA) on Thursday said the local property market showed signs of stabilising with ...
Excess liquidity, low interest rates and a tight housing supply have caused Hong Kong property prices to rise rapidly. The lower and middle-income segments of the population increasingly find ...
China’s home-price declines eased for a third month in November, suggesting values are beginning to stabilise as policymakers ...