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Hong Kong property

Hong Kong property
Latest news and analysis about Hong Kong’s property industry, including sales, market outlook, policies, products and the performance of developers.
A rainbow is seen behind the International Finance Centre (IFC) in Central, with the Hong Kong Convention and Exhibition Centre in the foreground, July 1, 2025. Photo: Nora Tam
Hong Kong

Qube takes six floors at Two IFC as falling rents lure financial giants

Qube’s expansion mirrors a broader trend among financial firms taking advantage of softer rents to move into higher-grade offices.

Hong Kong

Hong Kong logistics group’s CEO buys US$17 million luxury home

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Kai Tak Sports Park

Kai Tak Stadium lifts Hong Kong’s status as major sports and entertainment venue

Property financing

Hong Kong shipping baron’s nephew buys US$9.6 million flat in Repulse Bay

An entity linked to Raymond Pao, a nephew of the late Y.K. Pao, acquired the 2,491 sq ft, four-bedroom flat in Grand Garden on December 8.

A company called Crosspark, connected to the nephew of the late shipping baron Y.K. Pao, has bought a flat in the Grand Garden residential project in Repulse Bay. Photo: Handout
Retail properties

With luxury absent, new entrants steady Hong Kong retail property

Newcomers from across Asia and Europe take advantage of cheaper rents while big-ticket brands delay major commitments.

Hong Kong

Yau Tong project nearly sells out amid hopes of home market recovery in 2026

The flats at One Park Place were in high demand after developers Sino Land, CSI Properties and MTR offered discounts of up to 15 per cent.

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International Property

Exclusive | Rosewood hotel brand of Hong Kong’s Chow Tai Fook is not for sale, sources say

The prestige brand has delivered ‘exceptional’ results, sources say, while suggesting that certain properties might be available.

The Rosewood Hotel in Tsim Sha Tsui, Hong Kong. Photo: Shutterstock
Office rental

Hong Kong’s Hang Seng University joins property rush with US$11.6 million deal

Acquisition of office units in Sha Tin’s Metropole Square follows Metropolitan University’s US$334 million purchase of Hung Hom property.

Property investment

Casino tycoon Fu Tak-iam’s family buys US$71 million Hong Kong rental property

Deal highlights investor shift from offices to rental housing as hotel conversions surge amid student influx.

Property investment

Hong Kong home prices to rise in 2026 due to mainland Chinese buyers, rate cut

‘Housing prices have bottomed out, and the outlook for 2026 is cautiously optimistic,’ JLL Hong Kong chairman Joseph Tsang says.

Homebuying sentiment is expected to rise in 2026. Photo: Dickson Lee
Architecture and design

Light. Views. Flow. How designers scored a trifecta in a young family’s home

Craft of Both revamps a Discovery Bay, Hong Kong, apartment around one key feature: curves.

The living room of the renovated apartment in Discovery Bay, Hong Kong, designed by Craft of Both. Photo: Patrick Stefanus
Banking & finance

JD.com’s US$450 million stake in Hong Kong Central tower eases Lai Sun debt woes

JD.com’s latest Hong Kong investment – a half stake in China Construction Bank Tower – will ease balance sheet pressure at Lai Sun.

Hong Kong

Hongkong Land’s leasing deal with major law firm a sign of ‘flight to quality’

Harneys’ new lease is a sign of firmer demand in prime locations after years of pressure, although citywide rents remain subdued.

Mergers & Acquisitions

McDonald’s tastes fat profit in US$9.3 million Hong Kong property sale

Company secures 200 per cent gain in the fourth sale in an initiative to dispose of eight retail spots across the city.

McDonald’s sold this property in the Tai Fong Building in the Cosmopolitan Estate in Tai Kok Tsui on November 26, according to Land Registry records. Photo: Handout
Hong Kong

Mainland Chinese tycoon pays US$32.1 million for Hong Kong penthouse

A scion of one of Anhui’s wealthiest families has paid HK$250 million for a duplex at the Mont Verra development in Kowloon Tong.

General view of Mont Verra at 3 Lung Kui Road in Beacon Hill, Kowloon Tong. Photo: May Tse
Asia housing and property

The View | Asia’s housing affordability squeeze shows no signs of slowing

Some of the sharpest increases in property values are in economies facing major headwinds or those suffering from an acute shortage of affordable housing.

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Hongkong Land

Schiaparelli picks Hong Kong’s Landmark for first flagship Asian store

The fashion house, which is known for its unique and surreal designs, will open its boutique in Hong Kong January.

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Legislative Council election 2025

Hong Kong property tycoons turn heads at poll, urge voters to fulfil civic duty

Tycoons from SHKP, Sino Group, Henderson Land Development, New World Development, CK Hutchison and Chinese Estates cast ballots.

Henderson Land Development chairman Martin Lee made his presence felt in Wan Chai, where he cast his ballot. Photo: Nora Tam
Happy Valley

Happy Valley nano flats rival The Peak as Hong Kong’s rent squeeze deepens

A rush of students, young professionals and new arrivals is pushing per-square-foot rents for Happy Valley nano flats towards The Peak territory.

SHKP

Hang Seng Bank co-founder’s kin pays US$9.3 million for Hong Kong luxury flat

Magdalene Ho acquired a 1,806 sq ft, three-bedroom flat in Sun Hung Kai Properties-developed Dynasty Court in Mid-Levels this week.

Hong Kong’s Tai Po fire tragedy

Hong Kong developers push for smoking ban at construction sites after deadly fire

Two developers already stepping up measures, with viral video showing workers being told: ‘If anyone is caught smoking, they will have to leave’.

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Workers at a construction site in Kai Tak. Photo: Jelly Tse
Property investment

HSBC to occupy over 40,000 sq ft at Hong Kong’s Capitol Centre in 2026

Current tenant Chanel’s three-year lease for the prime retail space in Causeway Bay expires on May 15 next year.

HSBC is set to occupy more than 40,000 sq ft of space in Capitol Centre in Causeway Bay. Photo: Google Maps
Property financing

Ex-banker sells Deep Water Bay home, then signs a lease at The Peak

Sany non-executive director Lawrence Lam signed a HK$525,000-a-month lease on The Peak, underscoring a growing appetite for top-tier rents.

Hong Kong housing

Hong Kong home sales dip as December slowdown looms amid tragedy, holiday lull

Soft sentiment and stalled launches are expected to drag December property transactions to their lowest since August.

Property policies

Hong Kong home sales recovery looks more solid as prices edge up

Mortgage and resale data both show a sustained rise in sentiment amid improving rates, prices and rental yields, agents say.

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Homes for sale are displayed in the window of a property agency in Tai Wai on September 2, 2025. Photo: Sam Tsang
Office rental

Hong Kong’s prime office market poised for better year ahead, analysts say

The supply of new grade A office space in 2026 and 2027 is likely to be less than new prime office space completed in the last two years.

Office buildings tower over a pedestrian bridge in Hong Kong’s financial district of Central on June 11, 2020. Photo: Dickson Lee
Hong Kong’s Tai Po fire tragedy

Hong Kong property viewing dips after deadly fire as city pauses to mourn

Fundamentals will continue to drive the market’s gradual improvement over the longer term, analysts say.

Hong Kong housing

Editorial | Hong Kong must stay united on long road to recovery from Tai Po fire tragedy

In addition to comforting individuals and rebuilding homes, the city will need to come together to overcome the collective trauma it has faced.

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