〈The Standard, Oct 3, 2026〉 United Overseas Plaza in Kwun Tong, owned by the family of the late industrialist and politician Wong Po-yan, founder of United Oversea Enterprises, has applied to convert more than 90 percent of its floor area into student housing, after plans to redevelop the site into a commercial tower five years ago failed to materialize. Source URL : United Overseas Plaza poised for conversion into 240-room student housing.
〈Hong Kong Business, Oct 2, 2026〉 Hong Kong's purpose-built student accommodation (PBSA) market faces a shortfall of 70,000 to 90,000 beds by the 2028-29 academic year as demand from non-local students outpaces supply, CapitaLand Investment estimated.
The beds-to-student ratio stands at 18% across the student population and 55% for non-local students. Private operators run 6% of PBSA stock, according to CLI estimates.
〈The Standard, Oct 1, 2026〉The primary market saw 1,400 transactions last month, a 30 percent jump from August, marking the second consecutive month of growth and setting a four-month new high. A total 31 transactions exceeding HK$100 million were also recorded this month, setting a new monthly record for luxury properties. Source URL : Primary property market sees 1,400 transactions last month.
( Asian Post Sept 30, 2026〉 Mortgage applications in Hong Kong fell 8.3% month-on-month to 8,446 in August 2026, according to the Hong Kong Monetary Authority.
Mortgage loans approved also fell 28.2% to $32.2b. Loans for primary market transactions dropped 31.8% to $9.1b, whilst those for secondary market transactions fell 36.7% to $15.3b. Refinancing loans rose 6.8% to $7.8b.
Mortgage loans drawn down increased 11.6% to $32.8b.
〈RTHK News, Sept 29, 2026〉 The Airport Authority (AA) says 11 Skies will be renamed, repositioned and integrated into Skytopia – a HK$100 billion mega project aimed at transforming the area near the airport into an international entertainment hub.
Speaking to the press, Cissy Chan, the AA’s executive director of commercial, said half of the 3.8 million-square-foot 11 Skies will be turned into entertainment facilities such as a go-kart track, alongside pet-friendly venues.
