According to JLL's newly released Year-End Property Market Review and 2024 Forecast, Hong Kong's commercial property leasing and investment markets experienced a slower-than-expected improvement in ...
Hong Kong property agents told to warn homebuyers of the risks of buying off-plan units in mainland China, overseas markets
Estate agents in Hong Kong have been told they must warn people eyeing houses in mainland China and overseas markets of the risks associated with buying off-plan, which include units left unfinished ...
Hong Kong home prices fall to lowest since 2017 as rents rise
Expensive borrowing costs are discouraging homebuyers, prompting them to turn to renting. Read more at straitstimes.com.
Hong Kong’s property market won’t see a strong ‘V-shaped’ rebound, analyst says
Marcos Chan, head of research at CBRE Hong Kong, says demand for residential property will nevertheless pick up, and a "couple of percentage points up" in prices is possible.
Hong Kong home prices slump to lowest in 7 years, official index shows, with little relief in sight in 2024
The housing market continued to decline, with prices in November falling for the seventh month in a row to their lowest level since February 2017, according to government data.
Hong Kong’s US$1.3 billion Northern Metropolis property JV shows CR Land and NWD’s support for city’s development, says chief
Hong Kong project to create a new core business district that offers lifestyle choices, space for emerging industries, and a diverse range of cultural and leisure amenities Venture partner New World ...
New World Teams With Chinese State Firm for HK Property Project
New World Development Co. is partnering with Chinese state-owned developer China Resources Land Ltd. to build a residential project in Hong Kong’s Northern Metropolis, underscoring the increasingly ...
Hong Kong luxury residential rents to rise by up to 5% this year
Meanwhile, prime residential capital values are forecast to drop by up to 5%. Elevated interest rates will likely continue to dampen the luxury housing demand. According to JLL, the underperformance ...
Hong Kong’s Sino Group puts on green Christmas party for children with special educational needs from ethnic minority groups
Sino Group invites 23 children and their family members from Zubin Foundation, an NGO, to sustainability-themed Christmas party to share in festive spirit.
Hong Kong property: sole bidder Sino Land secures site on Lantau Island for US$26 million, nearly 20% below expectations as market languishes
Sino Land, the only bidder in the tender for a plot of land on Lantau Island, has paid a price nearly 20 per cent lower than market expectations as Hong Kong’s housing market continues to languish in ...
Hong Kong stocks fall as Longfor slides with China’s property woes in focus, while Nio jumps on Abu Dhabi fund injection
Hong Kong stocks dropped for a second day on concerns China’s property market will struggle to overcome a multi-year slump, forcing funds to cut their holdings. Several companies based in Gansu ...
JLL Says HK Property Prices May Fall 10% in 2024, Calls on Govt to Remove Spicy Measures ASAP
At the beginning of 2023, the effect of the travel resumption of Hong Kong and mainland China on the Hong Kong property market failed expectations, Joseph Tsang, chairman of JLL Ho... At the beginning ...
Hong Kong’s Urban Renewal Authority expects HK$1.5 billion loss on project at prime residential site
Loss predicted at Shing Tak Street project in Ma Tau Wai, where Sino Land-led consortium won right to develop plot with HK$1.93 billion bid.
Hong Kong stocks surge in best week since July as China housing stimulus, rates outlook fuel gains
Local stocks completed the biggest weekly rally since late July China’s new measures to boost home sales in top-tier cities and hopes for an end to global rate hikes fanned gains.