Hong Kong’s property market is not in a downward cycle yet, Norman Chan Tak-lam, chief executive of the Hong Kong Monetary Authority, said on Tuesday. “If the property market enters a downward cycle, ... ( read original story ...)
Hong Kong’s competitiveness under threat as limited office land set to run out in 10 years
Hong Kong faces a host issues in the property sector. While the residential supply constraints grab the headlines, there is also an acute shortage of grade A office space in the world’s most expensive ... ( read original story ...)
Hong Kong’s chief executive says she will keep the public purse away from bailing out the property industry
Hong Kong’s government, which has repeatedly warned against speculation in the world’s most expensive property market, said it would keep public money away from any bailouts of the industry, as the ci... ( read original story ...)
Hong Kong’s building boom in tiny flats fizzles out as T-Plus in Tuen Mun gets the cold shoulder
Hong Kong’s era of low mortgage rates ended in September, as banks raised borrowing costs after key interest rates increased in lockstep with the US Federal Reserve’s tightening monetary policy. A Jul... ( read original story ...)
As property prices in Hong Kong fall, public support for the government will rise
The latest data from the Rating and Valuation Department shows the local property market is facing increasing downward pressure. Investment banks generally forecast a 15 to 20 per cent reduction in pr... ( read original story ...)
Hong Kong micro flats will bear the brunt of price slump, says CK Asset executive
Micro-flats, once all the rage in Hong Kong because of their affordability, would bear the brunt of the city’s property price slump, said an executive of CK Asset Holdings, one of the city’s biggest d... ( read original story ...)
Hong Kong’s red-hot property market
Hong Kong's housing market continues to boom, with residential property prices surging 11.11% during the year to Q3 2018, from y-o-y rises of 13.64% in Q2 2018, 12.28% in Q1 2018, 12.78% in Q4 2017, a... ( read original story ...)
Mainland buyers’ interest in Hong Kong luxury homes wanes as trade war sours appetite
The region accounts for a lot mainland buyers of Hong Kong property. Although there is no official data showing the split between mainland and local buyers, brokers say that at least 50 per cent of th... ( read original story ...)
Hong Kong home prices fall 2.4 per cent in October, marking a third consecutive monthly drop at a quickening pace
Hong Kong lived-in home prices dropped 2.4 per cent in October ... Analysts often say that three makes a trend, so the latest data are significant for property watchers, developers, owners, buyers and ... ( read original story ...)
Hong Kong Class A Office Rent Growth Slows
According to JLL's latest Hong Kong Property Market Monitor, rents in the overall Grade A office market continued to rise albeit at a slower pace last month. Average rent of Grade A office climbed 0.5 ... ( read original story ...)
The ‘biggest loser’ in the trade war is the US, says Hong Kong property tycoon
The U.S. is ultimately harming its own interests by pursuing trade war with China and will turn out to be the "biggest loser," says Hong Kong property tycoon Ronnie Chan. The U.S. is being shortsighte... ( read original story ...)
Hong Kong’s commercial property market cooling rapidly as it feels impact of trade war
Hong Kong topped the list for commercial property transactions in Asia in the first nine months of this year, but deals started to slow down in the third quarter as investors weighed the impact of the ... ( read original story ...)
Prolonged property downturn not necessarily bad
Hong Kong property prices have begun a descent that could last up to five years, based on past experience, as interest rates start to climb. Photo provided to China Daily In recent months, there has b... ( read original story ...)
Philippine developers see boost in home buying tied to overseas workers in Hong Kong, elsewhere
Philippine developers are getting a boost from Filipinos working in Hong Kong who are taking advantage of the weak peso to buy property back home. Rowena Arandia is one such worker who bought her firs... ( read original story ...)