Asia-Pacific markets largely fell on Monday, led by Hong Kong’s Hang Seng index. The index tumbled more than 2%, dragged by basic materials and consumer cyclical stocks. However, the real estate ...
‘Superman’ Tests Hong Kong’s Stressed Property Market
What’s the true value of an apartment or office space in Hong Kong? No one really knows. Property sales, especially in the pre-owned segment, have slowed to a trickle.
CK Asset’s history of using discounts to hone its edge, clear inventory to survive Hong Kong’s property market slumps
Tens of thousands of people queued for hours on Saturday to get their hands on something unseen for seven years in Hong Kong: new flats on offer by one of the city's most renown developers at prices ...
Chinese property giant Country Garden warns of $7.6 billion loss as it nears default
One of China’s biggest property developers says it has burned through up to $7.6 billion in the first half of the year, compounding the crisis coursing through the country’s embattled real estate ...
Chinese property giant Country Garden flags loss of up to $7.6 billion as it nears default
One of China’s biggest property developers says it has burned through up to $7.6 billion in the first half of the year, compounding the crisis coursing through the country’s embattled real estate ...
Home rents in Hong Kong climb to 18-month high as students and professionals return while interest rates deter buyers
Rents increased 1.15 per cent in July, according to Centaline's Centa-City Rental Index, which tracks 138 housing estates across the city The index could climb by another 1.74 per cent in the third ...
‘No price war’: Hong Kong developers brush aside fears of a property crash even as CK Asset offers new Kowloon flats at 15 per cent discount
CK Asset Holding’s aggressive pricing of homes at a development in Kowloon – where prices lower than Hong Kong has seen in seven years have drawn a throng of potential buyers – is not the first shot ...
‘No price war’: Hong Kong developers brush aside fears of a property crash even as CK Asset offers new Kowloon flats at 15 pc discount
Developer dismisses claims of price war as experts say seven-year-low prices for Kowloon flats are not a dire omen for the market.
China’s property crisis deepens as another huge developer risks default
Investor confidence in China’s troubled property sector has been rocked again this week by reports that one of the country’s largest private building conglomerates missed interest payments on two ...
Hongkong Land denies report it plans to sell tower in Central
Property developer Hongkong Land on Wednesday denied a media report it is putting a well-known Hong Kong office tower on the market, adding it has no plan to sell any buildings in the central ...
Hong Kong property ‘price war’ imminent as Li Ka-shing’s CK Asset slashes flats to lowest seen in city in seven years
Developer cuts prices at Coast Line II in Kowloon to US$1,921 per square foot - 16 per cent below other recent launches Bid to boost buyer sentiment draws deposit cheques from more than 8,000 ...
Hong Kong property ‘price war’ imminent as Li Ka-shing’s CK Asset slashes flats to lowest seen in city in 7 years
Developer cuts prices at Coast Line II in Kowloon to US$1,921 per square foot – 16 per cent below other recent launches – in a bid to boost buyer sentiment in a slumping market.
Chinese property developer Yuzhou unveils offshore debt restructuring plan, says has not defaulted on onshore debt
The Hong Kong-listed property firm on Sunday night said in a filing that it is in active discussions with its offshore creditors and has formulated a preliminary restructuring plan proposal. The ...
When will Hong Kong property prices recover? Not any time soon
Hong Kong is a property-obsessed city. This supports the big mortgage businesses and the fat-cat property developers that dominate the city’s economy and stock-market sectors – which are bedfellows, ...