A billion-dollar luxury residential project in Hong Kong was supposed to be a lifeline for a pair of Chinese developers — if only they could find buyers https://t.co/nipw4shKJ0 via @markets lorrettachen & @ShawnaKwan
Chinese tycoon Chen Hongtian lost about $1.4 billion worth of properties in Hong Kong and London just over weeks. With @ShawnaKwan https://t.co/cn7F0Uzdkn
While she was reporting in Taiwan, @ShawnaKwan stopped by New Taipei City to see this amazing project by Üroborus Studiolab 共序工事 — an arts and industrial showcase center in an aging manufacturing district. https://t.co/f2XBDv26Ql
In Taiwan, a second-generation elevator manufacturer commissioned an architect to transform his family’s rundown factory into a modern design showcase. Part of the “Look at That Building” series. https://t.co/kPCS6CYVab via @citylab
Hong Kong is trying to tackle its housing crisis.
Under pressure from Beijing to provide decent homes to the poor, the city plans to spend $3.3 billion on 30,000 temporary apartments. But is it enough?
Bloomberg's @shawnakwan reports https://t.co/oL22TLCyyh
Hong Kong to build the so-called "light public housing" despite concerns about costs and its choice of locations. In one estimate, these temporary units are 25% more expensive than traditional ones. https://t.co/TtPjS7I4EI via @citylab
Hong Kong mortgage applications from mainland buyers with HK residency rises to a record, underscoring the group’s growing influence in the city’s property sector https://t.co/b9JyxLPkXV @ShawnaKwan
Hong Kong’s property market is seeing more deals as buyers bet the border reopening with mainland China will help channel more capital into the city and stoke a recovery https://t.co/RwxTSKisAl @ShawnaKwan
NEW: Hong Kong's notorious tiny apartments, sometimes no bigger than a parking space, have emerged as the biggest losers in the city's property downturn.
@ShawnaKwan reports: https://t.co/PGVfmOVdFY
Hong Kong’s notorious tiny apartments, sometimes no bigger than a parking space, have emerged as the biggest losers in the city’s property downturn https://t.co/PnVof18rUi @ShawnaKwan
Property agents in Hong Kong are resorting to increasingly wry advertising slogans to attract potential buyers during the city’s worst housing slump in years @oliviahttam https://t.co/iQGVtk1gke via @markets
There are many people trying hard to document the disappearing icons in HK. Carlos Sun, the person behind Instagram account vanishing.hongkong said he won't leave the city yet. "I have set a goal for myself: I will go when I have photographed all of Hong Kong."
"There's a business closing down every week."
From traditional bakeries to popular dim sum shops, businesses in Hong Kong are disappearing at a dizzying pace https://t.co/7BUUAO3b20
"There's a business closing down every week."
From traditional bakeries to popular dim sum shops, businesses in Hong Kong are disappearing at a dizzying pace https://t.co/7BUUAO3b20
NEW: Hong Kong's empty office space has surged to a record after Covid curbs diminished city’s appeal as a regional hub and gateway to China.
@ShawnaKwan reports: https://t.co/54pYDDTIu3