In the third of a three-part series on John Lee’s policy address, Salina Li and Cheryl Arcibal look at the impact of the policy and monetary moves since 2009 to cool home prices. Now, stakeholders ...
Hong Kong Policy Address: What might be among this year’s measures?
Ahead of Chief Executive John Lee’s second Policy Address on Wednesday, when he will lay out measures for the years ahead, local media has been busy reporting on what it might contain. While the city ...
Hong Kong property market woes pile pressure on government
After nearly a year of calls with real estate agents, Ms. Chan was relieved to finally sell her 400-square-foot, top-floor apartment in Hong Kong's northern residential district of Yuen Long for 5.8 ...
Hong Kong policy address 2023: will rolling back stamp duties lift Hong Kong’s housing market out of the doldrums?
Developers and market observers urge the government to rescind the decade-old debilitating stamp duties to lift property prices and boost transactions Hong Kong's property prices have fallen by nearly ...
A landslip in Hong Kong fuels resentment of the rich
Hong Kong’s systems of planning often look dysfunctional. One guess is that as many as one in four properties in the territory have been altered or extended without the right permissions. Canopies on ...
Hong Kong stocks dip amid worries about China’s property crisis and an intensifying Middle East conflict
Hong Kong stocks erased gains as traders looked past China’s upbeat GDP data amid worries about the festering property crisis in the world’s second largest economy and the intensifying Israeli-Hamas ...
Hong Kong stocks slammed by Country Garden debt fallout, US tech curbs on China and prolonged Israel-Gaza war
Country Garden remains tight-lipped as a deadline on bond coupon payment passed this week, while rejecting speculation about founding family members New curbs by the US on China's access to advanced ...
Colliers revises 2023 forecast, says Hong Kong commercial property investment to decline by 65 per cent as interest rates, economy weigh on sentiment
The investment market will remain subdued for the rest of the year, property consultancy says Latest forecast of HK$26 billion in total investment follows a prediction of HK$35 billion Colliers made ...
Hong Kong Property Barons’ Perpetual Debt Too Good To Be True?
With mainland property market in dire straits, Investors can no longer take Hong Kong developers’ debts for granted.
A Rare Occurrence: Houses Sold at a Loss in Hong Kong’s Second-Hand Housing Market
The eventual sale resulted in a loss of HKD 1.48 million or about 12%. This narrative, while personal, reflects a broader trend that may be taking root in Hong Kong’s property market. It serves as a ...
Habitat Property’s Victoria Allan says removal of Hong Kong’s property curbs is likely to boost home sales, but high interest rates are likely to keep prices in check
Removal of cooling measures is likely to 'impact sentiment and ... increase the transaction volumes by 5 per cent to 10 per cent', Allan says All eyes are on Chief Executive John Lee Ka-chiu's policy ...
Hong Kong’s Urban Renewal Authority feels the pinch of property slump, but pushes ahead with sales at latest starter home development
New URA Hung Hom development is oversubscribed 7.7 times, less than 20 per cent of applications for earlier projects But Wai Chi-sing, the URA managing director, insists sales would go ahead at Hung ...
Mammoth Hong Kong Mansion Priced At $281 Million Joins The Ranks Of World’s Most Expensive Homes
Repulse Bay, pictured via drone, is among the most exclusive areas for residential property in Hong ... [+] Kong. No matter the pecking order, however, the locations of these ultraexpensive residences ...
Hong Kong property investment fails to breach the HK$10b mark yet again
Total commercial investment volume reached only HK$6.9b in Q3. Despite a q-o-q improvement, Hong Kong’s overall investment market momentum remained low. According to CBRE data, total commercial real ...