Hong Kong’s Aoyuan Property Group went international for the first time with a development in Sydney, Australia in 2015. Now it has projects planned for Vancouver and Toronto. “It seemed like a logical extension from the market in Sydney, that’s very ... ( read original story ...)
Hong Kong’s Sun Hung Kai Properties records 36pc interim profit jump
“The earnings growth driver is Hong Kong property sales,” said Praveen Choudhary, a Morgan Stanley equity analyst in a research note. SHKP shares closed down 0.61 per cent to HK$129.80 on Tuesday before the results announcement. Looking ahead, chairman ... ( read original story ...)
Investment in Hong Kong’s Commercial Property Market Hits New Highs in January
According to JLL's latest Property Market Monitor, Hong Kong's property investment market continued to hit new highs in January 2018, riding on strong global investor interest. A total of four en-bloc office buildings were sold for a total consideration of ... ( read original story ...)
Rising house prices in Hong Kong increasing need for smaller flats
Hong Kong’s property prices have been escalating every month for the past 21 months, well above the rate of average wage growth despite the government imposing a range of curbing measures, and many buyers are being priced out. House prices in Hong Kong ... ( read original story ...)
Sky-high Hong Kong: can anything stop the property price boom?
Do what it may, the Hong Kong government seems powerless to rein in the territory’s booming property market. In January, the city was judged the world’s least affordable by US planning consultancy Demographia for the eighth successive year (the survey ... ( read original story ...)
Sky-high Hong Kong: can anything stop property price boom?
Do what it may, the Hong Kong government seems powerless to rein in the territory’s booming property market. In January, the city was judged the world’s least affordable by US planning consultancy Demographia for the eighth successive year (the survey ... ( read original story ...)
Sky-high Hong Kong: can anything stop the boom in property prices?
Do what it may, the Hong Kong government seems powerless to rein in the territory’s booming property market. In January, the city was judged the world’s least affordable by US planning consultancy Demographia for the eighth successive year (the survey ... ( read original story ...)
HNA property unit pledges 41 percent stake as collateral for loan
HONG KONG (Reuters) - A HNA Group unit said it has pledged about 41 percent of the company as collateral for a loan from a Hong Kong private equity firm, part of a slew of fundraising efforts by the Chinese conglomerate to address a liquidity crunch. ( read original story ...)
HNA’s Hong Kong Property Sale Eases the Pain of Shrinking
Who Is Liable To Pay For Rs 11,000-Crore Fraud At PNB? The Nirav Modi Case: How The $1.8 Billion Fraud Detected At PNB Unfolded No More Lies: An Ultimatum for India's Banks MSCI, India's Singapore Ban Just Handed You a Big Whip Ex-Clerk From Noida, Lady ... ( read original story ...)
Surging Hong Kong Drove $158B Asia Pacific Property Deal Peak in 2017
Hong Kong shouldered aside Tokyo to take the crown as the most active metropolitan investment market in Asia Pacific last year, with deals for income-producing assets jumping 39 percent year-on-year to $20.9 billion, according to a new report by Real ... ( read original story ...)
Beware risks of buying property overseas, Consumer Council warns Hongkongers
A Hong Kong buyer shelled out close to HK$400,000 for a down payment on a property in the UK but last July, two months before it was due to be completed, the site lay empty and deserted. In September, the buyer learned that the developer, sunken by debt ... ( read original story ...)
Brands in Hong Kong expand again as retail sales recover
“The outlook for the jeweler sector in Hong Kong this year is positive against the backdrop of a recovering economy in mainland China ... and the booming stock and property markets that create a positive wealth effect,” the company said in a statement ... ( read original story ...)
Think Hong Kong property is expensive? Sydney’s One Barangaroo reaches HK$612million
Australia’s most exclusive houses near Sydney Harbour are being marketed to Hong Kong and Chinese investors from a whopping HK$66.13 million to a penthouse priced at HK$612 million. One Barangaroo, developed by Crown Resorts, is billed as Australia’s ... ( read original story ...)
Trial scheme allows 15 young buyers to snap up Hong Kong flats with ‘super low’ down payments
Only those aged between 25 and 35, who were permanent residents and had never owned property in Hong Kong, were eligible for the scheme, called the NewGen First Home Program. Prices at the 27-storey tower ranged from HK$5.87 million (US$752, 500 ... ( read original story ...)