Henderson Land, Right Honour and Sun Hung Kai unveil price lists for new units as builders see hopes of lower interest rates lifting buyer sentiment.
Hong Kong’s Property Rally Proves Short-Lived as Sales Dip
Hong Kong’s property market is falling again, just three months after government tax breaks propelled a brief rally.
Hong Kong mortgage loans drawdown rises by 9.9%
Hong Kong’s mortgage applications rose by 11.7% month-on-month (MoM) to 9,629 in April, data from the Hong Kong Monetary Authority (HKMA) showed. Approved mortgage loans surged by 52.4% MoM to ...
Hong Kong property deals fall by a quarter as exuberance over scrapping of cooling measures fades
Hong Kong’s property sales fell by a quarter in May, the latest official data shows, as analysts said the initial exuberance over the lifting of property cooling measures had started to wear off. Some ...
Hong Kong Shares Close Higher, Property Stocks Lead Gains
Hong Kong shares closed higher, supported by property stocks. Analysts see a stronger recovery of property sales in June after a slightly slower decline in May. Longfor Group and China Resources Land ...
Property Stocks Propel Hong Kong Market Amid Regulatory Scrutiny
Hong Kong stocks saw a slight rise driven by property stocks, which advanced 2.3% following optimistic Citi analyst projections. China's shares were mixed due to regulatory scrutiny. Property giant ...
Hong Kong residential transaction volume more than doubled in April
Transactions reached over 8,500 cases during the month. Hong Kong’s residential property market saw a notable rebound in April amid active new project launches by developers at deep discounts, said ...
Hong Kong home sales fall to earth following end-of-curbs flight, dragged by gravity of high rates, inventory
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 ...