〈The Standard, June 13, 2026〉Henderson Land Development's (0012) One Victoria Cove in Hung Hom is expected to launch more units after announcing on Wednesday that it will begin the first round of phase 4 sales on Sunday, offering 80 homes. Mark Hahn Ka-fai, the general manager of sales (2) department of Henderson Land, said the developer has uploaded the sales brochure.
Hahn noted that the project's phase one and phase three have already sold out around 97 percent of their units, totaling 580 units and nearly HK$5 billion in sales.
One Victoria Cove is co-developed by Henderson Land, Hysan Development (0014), and Empire Group.
〈Hong Kong Business, June 12, 2026〉Chinachem Group has acquired a residential site at 1 North Point Terrace for over $1.9b.
The acquisition marks a strategic addition to the group’s development portfolio on Hong Kong Island.
Located in North Point, the site sits within an established neighbourhood with transport links and lifestyle amenities.
Chinachem said the site is a rare and sizable residential parcel in the area, offering development potential and planning flexibility.
〈The Standard, June 11, 2026〉Phase 4B of La Montagne in Wong Chuk Hang, jointly developed by Kerry Properties (0683), Sino Land (0083), Swire Properties (1972), and MTR Corporation (0066), released a price list on Wednesday, launching 75 units with discounted prices starting from HK$13.43 million.
This batch features two-bedroom layouts ranging from 484 to 546 square feet. These units are priced between HK$13.43 million and HK$17.33 million after discounts, or a price per sq ft of HK$27,545 to HK$31,747.
〈Asian Post, June 10, 2026〉Hong Kong households spent an average of $32,472 per month on food, consumer goods and services in 2024 to 2025 due to price inflation, according to a government report.
This represents an increase of 7.4% compared with the government’s survey five years ago.
Amongst the total household expenditure, housing and food had the largest expenditure shares, accounting for 39.3% and 24.1% respectively.
In addition, miscellaneous services also accounted for a significant share (16.9%).
〈RTHK News, June 9, 2026〉The government said on Friday that the Chief Executive-in-Council has approved financial arrangements for the smart and green mass transit system to be built in East Kowloon.
To help support the project's financing, the government plans to grant three housing development sites near the route to the winning operator.
The three sites, primarily for residential uses, are in Ma Yau Tong, Kai Tak and on Cha Kwo Ling Road.
The government said the system will be funded through an open tender for a franchisee, which will finance, design, build, operate and maintain the line.
