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Category: PROPERTY

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 ...

Posted on 30/05/2024

China’s Property, Tech Stocks Are Falling to Bearish Milestones

The Hang Seng Tech Index rose 26% from an April low, while a Bloomberg Intelligence gauge of property stocks in China and Hong Kong rallied 74%. But they’ve retreated since, signaling that the advance ...

Posted on 29/05/2024

Hong Kong home prices rise 0.3% in April from March

In late February, Hong Kong removed all additional stamp duties for foreign and second home buyers, as well as on those selling flats within two years of buying them, after prices had plunged 20 per ...

Posted on 29/05/2024

Hong Kong property: second-hand prices edge up in April as bargains on new units seduce buyers, analysts say

The second-hand market is facing a lot of competition from the first-hand market, so prices have not had much room to grow,’ Colliers researcher says.

Posted on 29/05/2024

Hong Kong’s rich turn to alternative assets for diversification, returns after stocks and property underperform: survey

Nearly 90 per cent of the high-net-worth investors in Hong Kong intend to increase allocations to alternative assets in pursuit of greater diversification and returns, according to a survey by Endowus ...

Posted on 29/05/2024

Hong Kong Advances Retail e-HKD Testing for Mortgage and Lending Transactions

The Hong Kong Monetary Authority (HKMA) has continued testing its retail e-HKD, the proposed digital version of its local currency.

Posted on 27/05/2024

Chinese property developer Kaisa’s liquidation hearing adjourned

A Hong Kong court on Monday adjourned a hearing on a petition seeking the liquidation of Kaisa Group until June 24, giving the embattled Chinese developer some respite as it works on its debt ...

Posted on 26/05/2024

Innovative design seen in 2 Hong Kong village houses – think open-plan floors, double-height ceiling, glass everywhere

Village houses in Hong Kong mostly look the same. Not a light-filled Tai Wai home that has ample space for partying with sunken floor and double-height ceiling A house on Peng Chau island is enveloped ...

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