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Headline News

Kwun Tong residential site attracts 25 bids despite concerns over infrastructure capacity

2018-01-19 scmp
Developers’ enthusiasm for land tenders has shown no signs of easing – a residential site in Hong Kong’s Kwun Tong has attracted stronger than expected interest. But valuers said infrastructure in the region might not be able to support the extra population.

Hong Kong’s nano land site in the New Territories draws interest from small developers

2017-12-22 scmp
The sale has drawn mainly small developers like Wang On Properties, Chevalier International Holdings and K&K Property

Sai Ying Pun sets world record with HK$5.18 million car parking space

2017-06-14 nzherald.co.nz
A Hong Kong executive has paid HK$5.18 million (NZ$916,853m) for space to leave his vehicle, setting yet another record in the costliest major urban centre on earth to become the owner of the world's most expensive car parking spot.

Sai Ying Pun sets world record with a HK$5.18 million car parking lot

2017-06-14 scmp
A Hong Kong executive has forked out HK$5.18 million (US$664,260) for space to leave his vehicle, setting yet another record in the costliest major urban centre on earth to become the owner of the world’s most expensive car parking spot.

CC Land marks first overseas investment with £290 million purchase of office building in London

2017-01-30 scmp
CC Land Holdings, chaired by Cheung Chung-kiu, dubbed the ‘Li Ka-shing of Chongqing’, has paid £290 million for a prime office building in London to mark its first overseas investment.

Hong Kong 'mini' flats boom as government fails to rein in record-high prices

2017-01-18 in.reuters
HONG KONG For part-time furniture mover Kong Ngai-lam, 26, home is the bottom half of a bunk bed inside a tiny room that fits little else. Nearly 200,000 Hong Kong residents like him call a wire cage or bed in partitioned apartments their home.

Hong Kong 'mini' flats boom as government fails to rein in record-high prices

2017-01-18 channelnewsasia
HONG KONG: For part-time furniture mover Kong Ngai-lam, 26, home is the bottom half of a bunk bed inside a tiny room that fits little else. Nearly 200,000 Hong Kong residents like him call a wire cage or bed in partitioned apartments their home.

Hong Kong homes shrink as prices soar, and affordability goes out the window

2016-12-22 scmp
In the past 12 months, new records were set with every project launch, as developers aim for first-time buyers who’ve basically given up hope of affording decent-size apartments

Hong Kong property prices likely to soften next year, says Colliers

2016-11-23 scmp
Stamp duty increase may see more tiny flats coming on to the market amid a temporary cooling in prices

How small can a Hong Kong apartment get? Emperor takes the crown with Happy Valley project

2016-10-20 scmp
Emperor International Holdings will have the dubious honour as developer of the tiniest apartment in Hong Kong, with its plan to launch a project where each unit measures 61.4 square feet (5.7 square meters), according to filings with the Building Department.

Large residential site in Hong Kong’s Tai Po sold for surprisingly low price

2016-02-12 scmp
A large residential site in the Tai Po district of Hong Kong sold for a surprisingly low HK$1,848 per square foot, providing further evidence the government is willing to accept lower land premiums to speed up land sales in the city’s struggling...