Hong Kong’s slumping housing market has received a long-awaited boost from interest-rate cuts and a stock market rally.
Hong Kong’s CK Asset prices Blue Coast II in Wong Chuk Hang at 20% below development cost
Li Ka-shing’s flagship developer has priced the first batch of flats at an average of HK$21,526 per square foot, below the HK$28,000 development cost.
Hong Kong housing market needs more rate cuts, wealth from stock gains to end slump
Lower financing costs and greater wealth effect from stock gains are needed to overcome another year of declines in home prices, analysts say.
Hong Kong property prices have ‘bottomed out’ and will ‘rebound slowly’, sector leader says
Recent strength in stock market can help drive economic recovery and boost property sector, head of developers' association says Hong Kong property prices have bottomed out and will begin to rise ...
Hong Kong to sell 1 residential plot in Tai Wai in third quarter, maintain housing supply
The government is monitoring market sentiment and will continue to release land strategically to meet housing needs, development minister says.
Hong Kong Stocks Surge: Chinese Property and Financial Giants Lead the Way
Hong Kong stocks rallied on Wednesday, powered by Chinese property and financial companies following Beijing's stimulus measures and relaxed home purchase rules. The Hang Seng Index saw its biggest ...
China Property Shares Surge on Easier Home Purchase Rules, Improved Sentiment
HONG KONG (Reuters) - Shares of China property developers surged on Monday after first-tier cities such as Guangzhou lifted all home purchase restrictions over the weekend, while Shanghai and Shenzhen ...
The private student accommodation market shows great potential, but repurposing existing properties will only go so far to satisfy growing demand
The private student accommodation market shows great potential, but repurposing existing properties will only go so far to satisfy growing demand.
China’s top banks to tweak mortgage rates to boost housing market
SIX of China’s biggest banks said they would tweak interest rates on existing mortgages following a request to lower them from Beijing’s central bank, state media said on Monday (Sep 30), as the ...
China Removes Curbs on Home Buyers, Sparking Stock Market Surge
After seeing prices decline for years, Chinese officials have made a burst of policy changes aimed at making easier to buy homes.
Hong Kong property investors to keep powder dry as interest-rate cut fails to tempt
I would not say an interest-rate-cut cycle has begun,' expert says. 'Therefore, we won't be seeing many investors entering the market.' Investors may remain on the sidelines of Hong Kong's property ...
China to Allow Home Buyers to Refinance Mortgages in Latest Easing Move
The move is the latest in a weeklong burst of easing measures aimed at stimulating China’s moribund property market.
Hong Kong tycoon Cecil Chao’s shift: From $128M marriage offer to accepting daughter’s same-sex partner
Hong Kong property tycoon Cecil Chao once offered HKD1 billion (US$128 million) to find a husband for his daughter, Gigi Chao, but his efforts were unsuccessful.
Hong Kong property scion Adrian Cheng steps down as chief of New World Development
Eric Ma, a former secretary for development of the Hong Kong government and family outsider who was appointed as New World’s chief operating officer in January this year, will be taking over Cheng’s ...