〈The Standard, July 11, 2025〉The Hong Kong government will put one residential site in Tsuen Wan for sale this quarter to provide 780 flats, while it expressed cautious optimism about meeting its annual private housing supply target.
Secretary for Development Bernadette Linn Hon-ho announced the land sale plan on Friday, confirming the tender for the Wing Shun Street site. The winning developer must allocate 940 square meters for social welfare facilities.
〈Hong Kong Business, July 9, 2025〉Hong Kong remains one of the least attainable housing markets in the Asia Pacific, with median rents now consuming 72% of median monthly income, the highest rent burden in the region, according to the 2025 ULI Asia Pacific Home Attainability Index.
The report revealed that whilst the ratio of apartment prices to earnings dropped from 26.5 in 2022 to 23.4 in 2024, it remains second-worst among all cities surveyed.
The situation is especially bleak for renters: not only are rents consuming most of household income, but average living space per person has shrunk to 17 square metres, among the lowest in Asian
〈Hong Kong Business, July 10, 2025〉Henderson Land will raise $8b through convertible bonds due on 16 July 2030 with a denomination of $2m or integral multiples thereof, said the company on 8 July.
About $7.92b proceeds from issuing the bond will be used for corporate purposes and refinancing.
The initial conversion price is $36 per share with an annual interest of 0.5% paying quarterly.
Full conversion of the bonds at the initial conversion price would become 222.2 million conversion shares, representing 4.59% of the total issued shares of the company.
〈Asian Post, July 9, 2025〉Hong Kong's property market is expected to face further correction across most sectors in the second half of 2025, with no full recovery likely before 2026, according to JLL’s mid-year market forecast.
Whilst Grade A office leasing activity improved in the first half, with net absorption of 130,700 sq ft, JLL expects overall office rents to decline around 5% in 2025.
Rents in Central are projected to stabilise by year-end, helped by demand for high-quality space and an uptick in IPO activity. Submarkets like Hong Kong East could see rents fall as much as 10% due to higher vacancy and new supply.
〈Rthk News, July 8, 2025〉Cosummer price index in Honk Kong rose 1.9% year-on-year in May, slightly below the 2% increase recorded in April, according to the Census & Statistics Department.
After excluding the impact of the Government’s one-off relief measures, the underlying inflation rate stood at 1%, also easing from the previous month.
The data showed that prices increased across several categories, including electricity, gas and water; housing; transport; miscellaneous services; meals out and takeaway food; miscellaneous goods; and alcoholic drinks and tobacco.
