Hong Kong private home prices in July dropped to the lowest since February 2020, official data showed on Monday, as homebuyers turned more bearish due to rising interest rates and an uncertain outlook ... ( read original story ...)
Hong Kong July home prices fall to lowest in 18 months
Hong Kong private home prices in July dropped to the lowest since February 2020, official data showed on Monday, as homebuyers turned more bearish due to rising interest rates and an uncertain outlook ... ( read original story ...)
Kai Tak dreams fizzle: Hong Kong’s massive ‘second CBD’ project slowed down by delays, changes to original plans
Market analysts have said the changes diminish the appeal of Kai Tak and its role in CBD2, but the government has maintained there is sufficient new commercial space in the entire ... ( read original story ...)
Loan woes: China’s troubled property market hits banks
HONG KONG -- Troubling news continues to flow from China's property market as a series of mainland developers report sharp slowdowns and even reversals from last year's robust first-half profits ... ( read original story ...)
Hong Kong tycoon calls bottom of China property slump
Hong Kong real estate tycoon Adrian Cheng has called the bottom of mainland China’s property market crash, saying his New World Development group plans to invest Rmb10bn ($1.46b ... ( read original story ...)
Hong Kong Office Market Vacancies Keep Rising Mid-2022
According to JLL's latest Hong Kong Property Market Monitor, the overall vacancy rate of Grade A offices rose to 9.6% in July as several sizable spaces became available on the back of the traditional ... ( read original story ...)
Luxury Hong Kong homes are losing value faster than anywhere in the world – while US cities Miami, LA and San Francisco top Savills’ 2022 global high-end property index
US cities fill four of the top five slots in Savills' new global list of prime residential real estate - while Hong Kong, Sydney and Shanghai are the only locations where homes are losing money Buyers ... ( read original story ...)
Hongkong Land (OTCMKTS:HNGKY) Shares Cross Below Fifty Day Moving Average of $25.05
Hongkong Land Holdings Limited (OTCMKTS:HNGKY – Get Rating) crossed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $25.05 and traded as low ... ( read original story ...)
Hongkong Land (OTCMKTS:HNGKY) Shares Cross Below Fifty Day Moving Average of $25.05
Hongkong Land Holdings Limited (OTCMKTS:HNGKY – Get Rating) crossed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $25.05 and traded as low ... ( read original story ...)
Hongkong Land (OTCMKTS:HNGKY) Shares Cross Below Fifty Day Moving Average of $25.05
Hongkong Land Holdings Limited (OTCMKTS:HNGKY – Get Rating) crossed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $25.05 and traded as low ... ( read original story ...)
Chinese state-backed developers COLI, Poly Property book smaller profits as ‘three red lines’ stokes worst rout in home sales since 1998
Covid-19 lockdowns, ‘three red lines’ policy and other economic challenges contributed to weaker profits amid the housing industry’s worst slump since 1998. ( read original story ...)
Chinese state-backed developers COLI, Poly Property book smaller profits as ‘three red lines’ stokes worst rout in home sales since 1998
Covid-19 lockdowns, ‘three red lines’ policy and other economic challenges contributed to weaker profits amid the housing industry’s worst slump since 1998. ( read original story ...)
Hong Kong’s Henderson Land reports lower first-half profit, says global headwinds, Covid-19 curbs make for sombre outlook
Henderson Land Development, one of Hong Kong’s biggest property developers, reported a 34 per cent year-on-year decline in first-half profit to HK$5.1 billion (US$654.6 million) on Tuesday. ( read original story ...)
Real Estate Insider: Detroit property owned by jailed Hong Kong media mogul, pro-democracy activist razed
Property in Detroit connected to a now-jailed Hong Kong media mogul and pro-democracy activist has been razed. It's not known why a Woodward Avenue building owned by Jimmy Lai, who accumulated a few ... ( read original story ...)