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 ...)
Hong Kong mass residential capital values down 0.5% in July
It was higher compared to last month’s -0.3% drop. The average mortgage rate in Hong Kong leapt in July, hitting the cap at 2.5% by month end according to data from JLL. Market activities shrunk as ... ( read original story ...)
Why Japanese property will remain a refuge as interest rates rise in other markets
The combination of a weak yen, cheap debt, a large and liquid market, and more investible regional cities is an attractive proposition for real estate investors The end of the era of cheap money is ... ( read original story ...)
Chinese Property Developers Rise After PBOC Signals Support
Shares of several Chinese property developers rose in Hong Kong morning trade Monday, following their latest profit guidance for the first six months, with rate cuts by the People's Bank of China also ... ( read original story ...)
China slashes 5-year mortgage rate as property crisis deepens
Central bank equals record rate cut in May but move unlikely to resolve crisis for developers, strategists say ... ( read original story ...)