Mid-Levels Eastern Luxury Homes and villas

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Featured News

Developers are hoarding flats, aggravating Hong Kong’s home shortage

A group of developers in Hong Kong are disputing suspicion that they are hoarding flats, an act anathema to the government’s efforts to address the housing affordability crisis.

Tax to be imposed on idle flats in Hong Kong

Sources say the Hong Kong government has decided to impose a vacancy tax on property developers that hold on to completed units, RTHK reports.

Hong Kong private home prices rise 25 consecutive months

Hong Kong's private home prices rose for 25 consecutive months.

Hong Kong homes overvalued, says IMF

The International Monetary Fund said homes in Hong Kong are overvalued, but ruled out a crash in prices despite expected hikes in interest rates, saying demand remains high and supply limited.

Forever 21 to Shut Flagship Hong Kong Store

Forever 21 is retreating from its Causeway Bay flagship store next August after its lease ends, with American lingerie chain Victoria's Secret rumored to be taking over the prime location.

Land flipping on the rise among Hong Kong developers

Development firms in Hong Kong are seeking to unload their recent land purchases quicker, signifying that home price growth could slow down.