〈The Standard, Jan 24, 2026〉The government-subsidized youth hostel, converted from Hotel Ease Causeway Bay and opened in March 2023, was set to run until 2028 but will close as the lease expires on February 28 with no renewal.
Addressing alleged arrears of over HK$10 million, the association said major maintenance issues—leaking, air-conditioning failures, and lift breakdowns—emerged after taking over. It advanced repair costs and has continued paying rent; both parties agreed to offset these expenses against rent, with adjustments still under negotiation and expected to reach agreement soon. In the past week, nearly half of the over 100 tenants received help applying to other youth hostels. The association will continue support and hold farewell events. Source URL : BeLIVING Youth Hub extends move-out deadline to March 31 after landlord talks.
〈Hong Kong Business, Jan 23, 2026〉Bonhams Hong Kong accumulated $810m across its auctions and private sales in 2025, the highest total in nearly two decades or since its opening in 2007.
The company said this marked three consecutive years of growth.
“Our record result reflects the strength of what we’ve built in the region—anchored by our new Asia-Pacific headquarters and a younger, innovative team with strengthened capabilities—driving consistent growth across the board,” said Julia Hu, Bonhams’ managing Director, Asia, in a release.
Bonhams said it saw increased interest from new and younger collectors globally, with Millennials and Gen Z representing 25.6% of global registrants in 2025, a 19% YoY increase.
〈The Standard, Jan 22, 2026〉Prices of 43 units in Deep Water Pavilia and Deep Water Pavilia II, Phase 5A and 5B of The Southside project in Wong Chuk Hang respectively, will increase over three percent, according to an updated price list. Source URL : Deep Water Pavilia series raise prices of 43 units over 3pc.
The units include 41 two-bedroom and two one-bedroom units and range in size from 418 to 591 square feet, with discounted prices ranging from HK$11.15 million to HK$16.54 million, and discounted prices per sq ft ranging from HK$25,809 to HK$28,026.
〈Asian Post Jan 21, 2026〉Hong Kong’s residential property market is projected to sustain a modest recovery amidst lingering macroeconomic uncertainty, according to Fitch Ratings.
Increases in prices and transaction volumes—supported by lower interest rates, positive wealth effects from a stronger equity market, and improving rental yields—are driving the recovery.
Demand for new immigration talent programmes has also increased, as the 2025 primary market sales volume reached the highest levels in more than a decade.
Ongoing developer incentives and a cautious outlook do not translate into a significant boost to fiscal revenue for the sector.
〈RTHK News, Jan 20, 2026〉Tenants of a youth hostel in Causeway Bay facing closure have been given more time to find a new home.
The BeLIVING Youth Hub on Morrison Hill Road, operated by the Hong Kong United Youth Association, was the first project of a government subsidy scheme under which NGOs rent hotels and guesthouses for use as youth hostels.
Residents have been told by the association that they should leave by the end of next month after the lease wasn't extended. It also decided to waive the rents for February.
Alex Yeung, the association's former chairman and the hostel's representative, on Friday said the landlord – Gale Well Group – has agreed to extend the deadline by one month.
"We are so pleased that our landlord has granted us an extra month for the tenants before they vacate... from February 28 to March 31, because we have considered Chinese New Year in between, and the whole timing has been a little too rushed," Yeung said.
