This is patently not the case in other leading housing markets. Knight Frank, which monitors changes in rules and regulations that have implications for wealth flows and property markets, says shifts in policy are the biggest risk for international buyers of prime residential real estate...
CK Asset Holdings, the flagship property developer of Hong Kong billionaire Li Ka-shing, is putting another 110 units at its Blue Coast project on the market after buyers enthusiastically oversubscribed the development’s first batch of flats.The new list includes 20 two-bedroom units and 90 three-bedrooms...
A 90-year-old converted manor house in Pok Fu Lam has changed hands for HK$207 million (US$26.5 million), adding to evidence that the recent scrapping of property curbs may be starting to revive the luxury housing market.Shun Ho Property Investments bought the 12,288 square-foot Jessville Manor...
The Hong Kong stock market surged to a seven-week high on Wednesday, with property developers advancing on this speculation. Sun Hung Kai Properties advanced 3.7 per cent to HK$75.15, Henderson Land Development added 2.8 per cent to HK$21.90, while New World Development climbed 4.6 per...