A Hong Kong property developer is bringing new commercial buildings to the market even as the competition for tenants intensifies amid record-high vacancies.
City with world’s most expensive housing asks: what to do with 40,000 empty quarantine units?
In Hong Kong, according to data compiled by property agency Centaline, even “nano-flats” measuring 215 square feet have recently sold for as much as $445,000 – equivalent to more than $2,000 …
Japan’s Niseko attracts flurry of investment from Hong Kong
Residences with a starting price of 4.03 million Hong Kong dollars ($513,000) began selling in March to Hong Kong investors, who can stay in the property or rent it to visitors. Rosewood is part of …
China Evergrande to unveil debt restructure details on Wednesday
Embattled developer China Evergrande Group plans to publish an offshore debt restructuring term sheet on Wednesday, aiming to sign an agreement with creditors by month-end, it told a Hong Kong court.
Singapore, Hong Kong Seek to Calm Nerves Over Credit Suisse Deal
Financial authorities in Singapore and Hong Kong gave assurances Credit Suisse Group AG will remain open for business and its fallout won’t affect their markets after UBS Group AG agreed to buy the …
Singapore and Hong Kong vie to be the Caymans of Asia
The two cities have set up new fund structures to lure wealth away from traditional offshore financial centres …
One country, two crypto systems: Hong Kong harbors crypto hub ambitions despite China’s crackdown
The city’s digital asset push stands in contrast with the mainland, where Beijing has effectively banned trading and stamped out crypto-related activities.
Dubai Prime Property Prices Cheaper By 80% Compared To Global Cities, Even After 2-Year Rise
Prime property prices in Dubai are cheaper by 20 to 80 per cent when compared to major cities such as Monaco, Hong Kong, New York, London, Geneva, Paris, Beijing, Tokyo etc. despite a massive increase …
New World Development Leads Hong Kong’s Gains in Board Diversity
Hong Kong property developer New World Development Co. added three women to its board of directors in the fourth quarter, doubling the number of women at its highest level of governance and notching …
Multibillion-dollar funding request for Hong Kong light public housing scheme on track to secure unanimous backing from lawmakers
“Probably the central government is concerned about Hong Kong’s housing problem and that the government … On the possible “all yes votes” by the finance committee, Mok said: “Under the new …