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Category: PROPERTY

Posted on 27/04/2024

Hong Kong homebuyers, enticed by big discounts, snap up most flats on offer at Great Eagle’s Onmantin project

On Saturday, 220 of the 260 flats on offer at Onmantin were already sold as of 7pm after the project received 7,500 orders from prospective buyers.

Posted on 27/04/2024

Contractors going at ‘full speed’ to deliver 29,000 light public flats: Hong Kong housing chief

Secretary for Housing Winnie Ho says projects represent 96 per cent of government's target to complete 30,000 light public flats by 2026-27 financial year 'I am confident we can complete all 30,000 ...

Posted on 26/04/2024

Hong Kong home prices rise for first time in 11 months as removal of cooling measures boosts demand

Property sales rose to a 10-month high in March ... need to pay a Special Stamp Duty if they sell their homes within two years of purchasing it. The Hong Kong Monetary Authority followed suit with its ...

Posted on 25/04/2024

HK property on track for highest sales in at least 13 months, but prices still falling

Developers and agents, desperate for transactions, have cut many of the latest deals at deep discounts. Read more at straitstimes.com.

Posted on 25/04/2024

John Lam of UBS, who took on Evergrande, is now bullish on China property

The UBS analyst shocked markets three years ago with a rare sell rating on China Evergrande Group, 11 months before it defaulted and became the poster child for the property collapse. Now Lam is going ...

Posted on 22/04/2024

‘No need to be concerned’ about Hong Kong property market as long as city plays to strengths, JLL global CEO says

It’s overall a pretty outstanding location, and pretty outstanding locations will be successful,’ Christian Ulbrich says.

Posted on 22/04/2024

‘No need to be concerned’ about Hong Kong property market as long as city plays to strengths, says JLL global CEO

It’s overall a pretty outstanding location, and pretty outstanding locations will be successful,’ Christian Ulbrich says.

Posted on 20/04/2024

Hong Kong’s homebuyers set aside high-rate concerns as they snap up Wheelock’s Park Seasons flats after discounts

Some analysts have expressed concern that buyers may hesitate to purchase homes should the rate cut not materialise this year.

Posted on 19/04/2024

Hong Kong police officer found guilty of fraud over HK$26 million in mortgages

Superintendent Harbour Chan found guilty of two counts of fraud in relation to two mortgage applications made involving luxury house and flat.

Posted on 18/04/2024

Hong Kong’s buoyant home sales to fight gravity of continued high interest rates as cut hopes dwindle, analysts say

Property agents have raised sales forecasts for the year amid project launches at discounted prices, but say a lack of a rate cut could pare those estimates.

Posted on 18/04/2024

5 Things to Know Before the Stock Market Opens

Netflix’s subscription numbers are in focus ahead of Q1 results, Micron gains on reported $6.1 billion CHIPS Act award, Equifax falls on disappointing outlook, TSMC posts rosy outlook for AI chips, ...

Posted on 18/04/2024

Investing in stock exchanges: What ICE brings to the table

In Monday's episode of Good Buy or Goodbye, Tema ETFs Chief Investment Officer Yuri Khodjamirian makes the case for investing in financial exchanges and clearing houses, namely the Intercontinental ...

Posted on 17/04/2024

Hong Kong developer Great Eagle prices Ho Man Tin project at 8-year low as buyers return after government incentives

"It shows that the developer is taking advantage of the positive market sentiment." Hong Kong's property market has seen some lively business, as buyers logged more than 1,000 first-hand deals so far ...

Posted on 17/04/2024

Hong Kong turns to China to fill labour gaps in its construction industry

Since last July, companies in the construction and transportation industries have been able to apply to hire workers from China, marking a drastic shift in Hong Kong’s labour policy. The new policy ...

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