Norry Lee News Today

Even in the absence of the buying restrictions, a healthy supply and elevated interest rates mean the city’s infamously expensive house prices are unlikely to return to the kind of breakneck growth seen in the past, analysts say.

The Swiss investment bank expects home prices to decline by 10 per cent in 2024 as high interest rates dent demand and an abundance of housing stock boosts supply.

Builders hope to clear inventory amid an uptick in market sentiment after the relaxation of some stamp duties, but will need low prices to draw buyers in an overall negative environment, consultants say.

Https://amp.scmp.com/business/article/3231883/hong-kong-property-fire-sale-eric-chu-selling-hotel-luxury-flats-after-wife-truong-my-lan-arrested Now a...

Hong Kong property developers saw the lowest sales since 2019 for new residential units completed as expensive borrowing costs weigh on the ...

His style has drawn comments on Instagram and TikTok. The budding Southern fashion icon gives a peek into how he found his style.

He’s built a following by making jokes that celebrate his small-town roots, giving “country folks” some online representation they might not see in other media.

Hang Lung Properties has been given the green light to build luxury homes on a former US government site on Hong Kong’s Shouson Hill.

Industry experts are calling on Chief Executive John Lee Ka-chiu to speed up the building of transitional housing, streamline the planning process, and relax curbs on reselling as short-term measures to address a chronic shortage of flats.

According to JLLs latest Hong Kong Residential Sales Market Monitor Report, the luxury residential market in Hong Kong swiftly picked up in 2021 after a relatively quiet 2020. Transactions of high-value units (over HKD 100 million) in the first nine months hit a historic high.