real estate news
Hong Kong Bankers on Edge Over $11 Billion New World Refinancing
Hong Kong bankers are closely monitoring a high-stakes $11 billion refinancing deal for New World Development, an embattled property developer controlled by one of the city's richest families. The deal, involving over 50 banks, is crucial for the financial health of both New World and the banking sector.
Real Estate
Hong Kong Bankers on Edge Over $11 Billion New World Refinancing
Hong Kong bankers are closely monitoring a high-stakes $11 billion loan deal for New World Development, an embattled property developer. The deal, involving over 50 banks, could have significant repercussions if it fails to materialize by the end of June.
Real Estate
Hong Kong Home Prices Drop by 0.9% in February 2025
In February 2025, home prices in Hong Kong experienced a 0.9% decline despite government efforts to stimulate the property market, including lifting all restrictions on property purchases and easing down payment ratios.
real estate news
Hong Kong Home Prices Decline by 0.9% in February 2025
In a recent market update, home prices in Hong Kong experienced a 0.9% dip in February 2025, reflecting ongoing economic challenges and market adjustments.
Real Estate
Hong Kong Property Magnate Lee Shau Kee Passes Away at 97
Hong Kong's prominent property developer Lee Shau Kee, the visionary leader behind one of the largest real estate empires in the former British territory, has passed away at the age of 97.
real estate news
Hong Kong Property Mogul Lee Shau Kee Passes Away at 97
Hong Kong property developer Lee Shau Kee, a prominent figure in the real estate industry, has died at the age of 97. Lee was the chairman of Henderson Land Development, one of the largest real estate companies in Hong Kong.