〈The Standard, June 5, 2026)New World Development (0017) has unveiled the first price list for its Pavilia Rosa in Kowloon Tong, offering 44 flats from less than HK$10 million after discounts.
The batch comprises six one-bedroom units and 38 two-bedroom units with sizes ranging from 298 to 586 square feet. They are priced from HK$9.86 million to HK$20.5 million after discounts, or from HK$30,800 to HK$37,505 per sq ft. The average discounted per sq ft price is HK$33,816 for the list.
〈Hong Kong Business, June 4, 2026〉Hong Kong logged 8,537 sale and purchase agreements for all building units in May, down 1.8 ％from April but up 32.5% year-on-year (YoY), according to the Land Registry.
The total consideration for building unit sale and purchase agreements decreased 0.1% month-on-month to $72.8b.
On a yearly basis, the value rose 46.1%.
Residential transactions accounted for 7,138 agreements in May, down 3.1% from the previous month but up 39.8% from a year earlier.
〈The Standard, June 3, 2026〉One Park Place in Yau Tong raised prices for the remaining 45 units on Wednesday, with hikes ranging from 2 percent to 4 percent.
This batch comprises one- to three-bedroom layouts, measuring between 293 and 578 square feet. The developer also reduced the maximum discount to 1.5 percent. The sharpest increase is for a 293-sq-ft unit, with its price rising 4 percent to HK$6.04 million. This project is jointly developed by Sino Land(0083), CSI Properties (0497), and MTR Corporation (0066).
〈Asian Post,June 2, 2026〉Dash Living, a flexible living operator and investment platform, has acquired 39 Morrison Hill Road in Wan Chai for $400m.
The property, formerly operated as BeLiving Youth Hub, will be converted into a hybrid hotel and serviced apartment under the name Dash Living on Morrison.
The building is located in Causeway Bay, with access to nearby commercial and tourist areas, including Times Square and the Hong Kong Convention and Exhibition Centre.
〈RTHK News, June 2, 2026〉China on Friday tightened oversight of its 23 trillion yuan private fund industry in an attempt to reduce financial risks and channel money into technology innovation and emerging industries.
The country's securities regulator said it would raise the bar for private fund registration, crack down on illegal fund activities and encourage long-term "patient" capital to support tech-focused venture capital investments.
"Strengthening oversight of private funds will help remove bad actors, create a sound environment for the industry ... and protect investors," the China Securities Regulatory Commission (CSRC) said in a statement.
