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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.
The Bank of America Tower is a 38-floor skyscraper located in the Admiralty area of Hong Kong. Photo: Shutterstock
SCMP Exclusives

Exclusive | US anti-piracy firm Vobile buys top floor of Bank of America Tower at a discount

The Emmy-winning firm has bought the top floor of the US bank’s Admiralty office for US$25.4 million – more than 60 per cent below its peak.

Sun Hung Kai Properties

Hong Kong’s SHKP nudges up prices on latest Sierra Sea flats on offer

Hong Kong housing

Hong Kong private subsidised flat scheme suffers new blow as site reassigned

Hong Kong courts

Hong Kong homeowner fined HK$180,000 for ‘wilful’ structural flat wall removal

Ku Chun-ho bears responsibility for checking whether removal of wall in his Lohas Park home requires approval, magistrate says.

A screen grab of Ku Chun-ho’s 681 sq ft home. Photo: Handout
Banking & finance

Hong Kong bond markets, yuan issuance to expand in 2026 under HKMA, SFC road map

HKMA and SFC blueprint to drive multicurrency issuance, with green finance and Bond Connect widening investor base.

Hong Kong

Hong Kong primary home sales to see decade high as small flats perk up market

Attractive discounts, easing mortgage costs and policy support drive the market’s shift towards flats that cost below US$1.3 million.

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Greater Bay Area

Greater Bay Area assets poised to lead surge in China’s expanding C-REIT market

By the end of last month, China had nearly 80 C-REITs, raising a total of over US$28.3 billion, according to Cushman & Wakefield.

A view of skyscrapers from a pedestrian bridge in Shenzhen, the southern tech hub in Guangdong province. Photo: Xinhua
Property investment

Hong Kong developers test ultra-luxury home demand with new launch on The Peak

As property prices stabilise and rents are on the rise, affluent buyers are being enticed with a fresh supply of high-end homes.

Kerry Properties

Hong Kong luxury flat sells for US$28.9 million in latest high-end property deal

The Mont Verra flat has four rooms with a total saleable area of 4,332 sq ft, translating to a price of HK$51,939 per square foot.

Architecture and design

Gilded interiors draw improbable luxury from the forest floor

This capacious home for a multigenerational family that likes to entertain is extravagant yet rooted in nature.

The dining room in the house in Tai Po, Hong Kong, designed by Seehow Design. Photo: Jason To / Black Cat Image
Property financing

2 Deep Water Bay homes sold for US$283 million in biggest deal in years

The two three-storey units at 6 Deep Water Bay Road fetched HK$147,010 per square foot, the highest since HK$150,000 for a 2015 deal.

Swire Properties’ 6 Deep Water Bay Road project. Photo: Handout
Property investment

The View | Rebound in Hong Kong’s Central office market could be turning point

At a time when uneven K-shaped recoveries are increasingly prevalent, Hong Kong’s office sector is experiencing its own unbalanced rebound.

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Office rental

Hong Kong, Singapore embrace flex offices as multinationals reshape demand

Flex operators deliver creditworthy tenants – a departure from the sector’s early reliance on start-ups and small firms: analysts.

China Vanke

Vanke Hong Kong sells just 7 units in muted Le Mont weekend launch

Brokers said the downbeat result reflected Le Mont’s long sales cycle rather than any spillover from parent China Vanke’s onshore debt talks.

Le Mont project of China Vanke at 19 Ma Wo Road in Tai Po. Photo: Handout
New World Development

Rosewood opens French ski resort after sources say hotel brand is not for sale

Luxury hotel group announces Courchevel resort’s opening, just days after sources said the prized brand was not for sale.

General view of the Rosewood Hong Kong hotel in Tsim Sha Tsui. Photo: Dickson Lee
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

An entity linked to Arnold Lee, CEO of Hecny Group, buys a 2,772 sq ft flat at The Legacy in Mid-Levels West.

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Kai Tak Sports Park

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

The 50,000-seat stadium drives repeat tourism, supports retailers and helps prop up retail property landlords, experts say.

An aerial view of Kai Tak Stadium. Photo: Eugene Lee
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.

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.

A view of One Park Place in Yau Tong. Photo: Google maps
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.

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