The market is cooling after a heated burst of activity following the removal of cooling measures in late February, as high inventory levels and interest rates conspire to restrain sentiment.
Victor Li: HK Property Mkt Has Rigid Demand; No Worry on Cheung Kong Center II Leasing Situation
He believed that there had always been rigid demand in the Hong Kong property market, with still supported long-term development. The factors affecting the property market after the withdrawal of the ...
HKMA: Mortgage Loans Approved in Apr $29B, Up 52.4% MoM
The Hong Kong Monetary Authority (HKMA) announced the results of the residential mortgage survey for April. The number of mortgage applications increased MoM by 11.7% to 9,629. Mortgage loans approved ...
Hong Kong developer Chinachem names former Link Reit executive as next CEO as Donald Choi sets retirement
Andy Cheung has been an independent non-executive director since 2022 and before that was an executive with Link Reit Choi, who will step down on September 1, describes 'transformation' of Chinachem ...
Asia’s top 4 up-and-coming rental markets that may be challenging traditional property hubs
Bangkok, Ho Chi Minh, Jakarta and Manila are leading the recovery in Asia's rental growth in 2024, according to JLL.
Hong Kong stocks extend losing streak as rising US Treasury yields and China property concerns rattle investors
The Hang Seng Index is heading for a third straight day of losses joining a regional stocks sell-off after poor demand at a US Treasury auction boosted bond yields ...
China’s Property, Tech Stocks Are Falling to Bearish Milestones
The Hang Seng Tech Index rose 26% from an April low, while a Bloomberg Intelligence gauge of property stocks in China and Hong Kong rallied 74%. But they’ve retreated since, signaling that the advance ...
Hong Kong home prices rise 0.3% in April from March
In late February, Hong Kong removed all additional stamp duties for foreign and second home buyers, as well as on those selling flats within two years of buying them, after prices had plunged 20 per ...
Hong Kong property: second-hand prices edge up in April as bargains on new units seduce buyers, analysts say
The second-hand market is facing a lot of competition from the first-hand market, so prices have not had much room to grow,’ Colliers researcher says.
Hong Kong’s rich turn to alternative assets for diversification, returns after stocks and property underperform: survey
Nearly 90 per cent of the high-net-worth investors in Hong Kong intend to increase allocations to alternative assets in pursuit of greater diversification and returns, according to a survey by Endowus ...
Hong Kong Advances Retail e-HKD Testing for Mortgage and Lending Transactions
The Hong Kong Monetary Authority (HKMA) has continued testing its retail e-HKD, the proposed digital version of its local currency.
Chinese property developer Kaisa’s liquidation hearing adjourned
A Hong Kong court on Monday adjourned a hearing on a petition seeking the liquidation of Kaisa Group until June 24, giving the embattled Chinese developer some respite as it works on its debt ...
Innovative design seen in 2 Hong Kong village houses – think open-plan floors, double-height ceiling, glass everywhere
Village houses in Hong Kong mostly look the same. Not a light-filled Tai Wai home that has ample space for partying with sunken floor and double-height ceiling A house on Peng Chau island is enveloped ...
Hong Kong buyers shun new flats at Wheelock’s Park Seasons project as home sales slow in May
Wheelock Properties sold 25 of 154 units on offer at Park Seasons in Lohas Park, Tseung Kwan O, as of 4pm on Saturday Hong Kong is set to record a month-to-month decline of 46 per cent and 31 per cent ...