Hong Kong’s office rents and rateable values are expected to fall amid high vacancies, new supply, uncertainties around the global economy and downsizing by firms, analysts say.

Winnie Ho predicts small profit margins for builders of subsidised flats will be offset by big demand.

Wai Chi-sing, managing director of the Urban Renewal Authority, says construction finished on two four-storey blocks at Yan Oi House in Hung Shui Kiu.

Hong Kong’s retail property segment has benefited the most from the return of mainland Chinese tourists to the city, with brands and food and beverage operators snapping up shops in high streets and luxury shopping centres alike, analysts said.

Henderson Land sold seven out of every 10 units on offer at its Henley Park development in Kai Tak despite downward pressure in the city’s home market ahead of interest rate hikes.

The first government land tender of this financial year ended up attracting far fewer bids than expected as the prospect of further interest rate hikes and new housing supply dimmed the outlook for Hong Kong’s property market.

Hong Kong’s government has defied market expectations by announcing it will sell only two plots of residential land in the second quarter of the financial year – about half the number forecast by some analysts.

Prices of lived-in homes in Hong Kong fell for the first time since December, as buyers retreated to the sidelines amid worries over further interest rate increases and oversupply.

Hong Kong’s third richest family, led by Henry Cheng Kar-shun, offers to take full control of NWS Holdings, including a big block held by New World Development, to help ease the latter’s debt burden.

Sole agent says no buyer has been found for the Wan Chai tower, which Evergrande paid US$1.6 billion for in 2015. But the building will have a new name.

Some 13 million sq ft of Hong Kong office space sat empty in April, with 15 per cent of the most valuable space still vacant. In Singapore, occupancy in the CBD is nearing 95 per cent, with rents up 2.5 per cent.

Readers discuss the benefits of service learning programmes, what Hong Kong must do to prop up property prices, the call for tree diversity, and the fading brand of US foreign policy.

Expats focus on trade-offs while living in costly Hong Kong, as surveys confirm what they already know about pricey living.

The government is considering marginally relaxing mortgage loan-to-value ratios for some residential property purchases, the city’s finance chief said during a radio programme.

Mall operators including Link Reit, Swire Properties, Henderson Land and Sun Hung Kai Properties believe EV chargers will help attract wealthy local shoppers as tourist spending continues to lag.

The first-round sales of Aruna, priced more aggressively than other recent launches, were abruptly called off just hours before it was set to kick off on Saturday.

Tel Aviv-based Verobotics expects to have more than 50 of its lightweight, artificial intelligence-powered cleaning robots deployed in the city by the end of next year.

A plot of land in the western New Territories earmarked for almost 2,000 starter homes for middle-class Hong Kong families is expected to draw only a handful of low bids as high interest rates subdue market sentiment and the scale of the project deters developers.

Homebuyers can look forward to big discounts and competitive prices as developers release flats at levels seen five years ago in a bid to lock in sales before further rate increases and looming supply.

Nine organisations say the planned San Tin Technopole plan could endanger 117 bird species of special conservation value, including critically endangered ones.

The developer is offering Hong Kong buyers 20 units at Forest Park, a 10-minute walk from the Guangzhou South railway station, which can be reached from Hong Kong’s West Kowloon station in 45 minutes via the Guangzhou-Shenzhen-H­ong Kong Express Rail Link.

Secretary for Development Bernadette Linn vows to deliver on city’s 10-year housing supply goal despite rezoning delay.

Hong Kong’s home prices may retreat from 2023 until 2025, amid an expected supply surge of about 20,200 private homes, according to data from Our Hong Kong Foundation.

Given 90 hectares of wetland will be ‘sacrificed’ for San Tin Technopole project, government should explain details for new conservation park, member of town planning board says.