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Category: PROPERTY

Posted on 11/06/2024

Chinese Developer Dexin Ordered To Liquidate By Hong Kong Court

A Hong Kong court ordered the liquidation of Chinese developer Dexin on Tuesday, according to a report, making it the latest firm to be hit with such an order as the sector struggles with a ...

Posted on 07/06/2024

Hong Kong developers keep discounted flats coming as they pare inventory amid rate hopes

Henderson Land, Right Honour and Sun Hung Kai unveil price lists for new units as builders see hopes of lower interest rates lifting buyer sentiment.

Posted on 07/06/2024

Hong Kong’s Property Rally Proves Short-Lived as Sales Dip

Hong Kong’s property market is falling again, just three months after government tax breaks propelled a brief rally.

Posted on 07/06/2024

Hong Kong mortgage loans drawdown rises by 9.9%

Hong Kong’s mortgage applications rose by 11.7% month-on-month (MoM) to 9,629 in April, data from the Hong Kong Monetary Authority (HKMA) showed. Approved mortgage loans surged by 52.4% MoM to ...

Posted on 04/06/2024

Hong Kong property deals fall by a quarter as exuberance over scrapping of cooling measures fades

Hong Kong’s property sales fell by a quarter in May, the latest official data shows, as analysts said the initial exuberance over the lifting of property cooling measures had started to wear off. Some ...

Posted on 04/06/2024

Hong Kong Shares Close Higher, Property Stocks Lead Gains

Hong Kong shares closed higher, supported by property stocks. Analysts see a stronger recovery of property sales in June after a slightly slower decline in May. Longfor Group and China Resources Land ...

Posted on 04/06/2024

Property Stocks Propel Hong Kong Market Amid Regulatory Scrutiny

Hong Kong stocks saw a slight rise driven by property stocks, which advanced 2.3% following optimistic Citi analyst projections. China's shares were mixed due to regulatory scrutiny. Property giant ...

Posted on 03/06/2024

Hong Kong residential transaction volume more than doubled in April

Transactions reached over 8,500 cases during the month. Hong Kong’s residential property market saw a notable rebound in April amid active new project launches by developers at deep discounts, said ...

Posted on 02/06/2024

Hong Kong home sales fall to earth following end-of-curbs flight, dragged by gravity of high rates, inventory

The market is cooling after a heated burst of activity following the removal of cooling measures in late February, as high inventory levels and interest rates conspire to restrain sentiment.

Posted on 31/05/2024

Victor Li: HK Property Mkt Has Rigid Demand; No Worry on Cheung Kong Center II Leasing Situation

He believed that there had always been rigid demand in the Hong Kong property market, with still supported long-term development. The factors affecting the property market after the withdrawal of the ...

Posted on 31/05/2024

HKMA: Mortgage Loans Approved in Apr $29B, Up 52.4% MoM

The Hong Kong Monetary Authority (HKMA) announced the results of the residential mortgage survey for April. The number of mortgage applications increased MoM by 11.7% to 9,629. Mortgage loans approved ...

Posted on 31/05/2024

Hong Kong developer Chinachem names former Link Reit executive as next CEO as Donald Choi sets retirement

Andy Cheung has been an independent non-executive director since 2022 and before that was an executive with Link Reit Choi, who will step down on September 1, describes 'transformation' of Chinachem ...

Posted on 31/05/2024

Asia’s top 4 up-and-coming rental markets that may be challenging traditional property hubs

Bangkok, Ho Chi Minh, Jakarta and Manila are leading the recovery in Asia's rental growth in 2024, according to JLL.

Posted on 30/05/2024

Hong Kong stocks extend losing streak as rising US Treasury yields and China property concerns rattle investors

The Hang Seng Index is heading for a third straight day of losses joining a regional stocks sell-off after poor demand at a US Treasury auction boosted bond yields ...

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