Home /

Mortgage News

No. of view:336

Property News

〈The Standard, Dec 27, 2025〉The transactions of commercial properties in Hong Kong are expected to see an upward trend in the next year, while the price has not bottomed out, according to Centaline Commercial. The property agency estimated that the number of commercial property transactions will reach 940 in the first quarter next year, amounting to HK$12.6 billion, and the rental deal will record 3,600. It said the commercial market is still digesting the low-price properties, believing that the overall price has not hit the bottom, with leasing and selling prices sliding over 10 percent in 2026. As of December 15, the city saw 3,588 sales of commercial properties this year, up 20.9 percent. The total turnover inched up 0.5 percent to HK$64.3 billion.

〈Asian Post, Dec 26, 2025〉The base rate has been set at 4%, the Monetary Authority announced.

The decrease followed a 25-basis point downward adjustment in the target range for the US federal funds rate on 10 December, the authority said.

The base rate is the benchmark interest rate used to compute the discount rates for repurchase transactions through the discount window, it added.

It is currently set at either 50 basis points above the lower end of the prevailing target range for the US federal funds rate, or the average of the five-day moving averages of the overnight and one-month Hong Kong Interbank Offered Rates, whichever is higher.

〈The Standard, Dec 25, 2025〉The Lo family of Great Eagle (0041) recently purchased two units at Sea To Sky in Lohas Park for approximately HK$22 million, showing that the family is extending their acquisitions from newly developed properties to the secondary market. One of the units, Unit D on a mid-floor of Block 3 in Sea To Sky, has a usable area of 786 square feet and features a three-bedroom layout. It was sold at HK$10.7 million at the end of last month, translating to about HK$13,613 per square foot. The original owner had purchased the unit in 2020 for HK$12.65 million, resulting in a paper loss of HK$1.95 million, or a 15 percent decline in value. The new buyer is Bright Domain Ltd., whose directors include Lo Ka-shui’s son.

〈Hong Kong Business, Dec 24, 2025〉Hong Kong retail rents are expected to continue falling in 2026, with vacancy rates likely to stay elevated amidst ongoing rental corrections, according to JLL Hong Kong.

In 2025, rents at Prime shopping centres and High Street shops fell by 9.1% and 7.7%, respectively.

Tenants have upgraded to prime locations, and new players are entering the market to take advantage of the lower rental levels, although leasing activities remain concentrated in prime districts such as Causeway Bay and Central.

The change in dinning preferences and heightened regional competition has prolonged restructuring in the F&B sector. Receipts from non-Chinese rose by 3.9% YoY in the first three quarters whilst Chinese restaurants dropped by 4%.

〈RTHK News, Dec 23, 2025〉Some former residents of the fire-ravaged Wang Fuk Court have begun searching for long-term rental flats in the area, but many, particularly older tenants, are finding the process difficult.

Following the deadly blaze in Tai Po in November, the government offered affected homeowners an annual subsidy of HK$150,000 over the next two years.

But some elderly residents – who’re currently living in transitional housing – say their search is being hampered by landlords reluctant to rent their flats out to older people.