Dubai’s luxury property prices rose the most among 30 cities in the first half of 2023, according to the latest study by Savills, and Hong Kong still has the world’s most expensive prime residential ...
Lukewarm home sales in Hong Kong signal caution among buyers as looming US Fed hike weighs on sentiment
A third of units at a Yuen Long project and half of units in Wong Chuk Hang sold on Saturday as buyers wait to see if the Fed hikes rates again this month.
CK Asset’s Luxury Home Sale Falls Through After Buyer Walks Away From $2.7 Billion Deal
CK Asset Holdings, the flagship property company of Hong Kong’s richest person Li Ka-shing, said on Thursday it had terminated a HK$20.8 billion ($2.7 billion) sale of a luxury residential project to ...
Hong Kong mortgage moves call for prudent approach
Under the revised mortgage rules, homes of up to HK$15 million (US$1.9 ... Officials must monitor the market closely. Hong Kong relaxes loan rules to improve affordability and upgrades About half of ...
Correcting and Replacing: Jardine Matheson and Hongkong Land celebrate 50 years of Jardine House
Hong Kong's first skyscraper continues to innovate and attract world-class tenants Building at the forefront of the development of modern Central. Hongkong Land invests up to US$100 million annually ...
Hong Kong Investment Property Transactions Drop to 19-Year Low
Hong Kong saw sales of commercial real estate and residential buildings fall to a 19-year low in the second quarter as high interest rates took a toll on investment property transactions.
Hong Kong’s home prices to decline further amid high mortgage rates, glut of new units, lack of mainland buyers: JLL
Hong Kong’s floundering residential property market has not yet bottomed out, and the road to recovery will be long and difficult given headwinds including high interest rates, a glut of unsold new ...
Hong Kong Mortgage Easing Is Cold Comfort to Buyers With High Rates
Hong Kong’s relaxation of residential mortgage rules is likely to do little to spur demand from homebuyers who remain deterred by surging interest rates, according to analysts. Most Read from ...
In world’s most expensive property market, homes for the dead can cost more than for the living
Starting at $53,000 for a space not much larger than a shoebox, it is a pricey place to stay, even in a city famed for the world’s most expensive property market.
Hong Kong Relaxes Mortgage Rules to Support Property Sector
The Hong Kong government relaxed its residential mortgage rules for the first time since 2009 in a bid to boost the weakening property market. Most Read from BloombergMeta’s Threads App Draws Millions ...
Hong Kong home rents and leasing activity expected to rise in second half: Cushman
Hong Kong home rents are expected to continue rising in the second half of 2023 despite the volatility in home prices, Cushman and Wakefield said.
Cushman says Hong Kong home rents and leasing activity expected to rise in second half, even as analysts paint divergent picture for home prices
Hong Kong home rents are expected to continue rising in the second half of 2023 even as the volatility in home prices persists, Cushman and Wakefield said. The city’s housing market initially ...
Wheelock wins Kennedy Town tender at lowest price for Hong Kong Island since 2002
The government’s first land tender of the financial year has fetched the lowest price for Hong Kong Island since June 2002 and is more than 25 per cent lower than prices seen in November.
Hong Kong property market deal flow seen slowing further after transaction volumes fall to a five-month low in June
The number of property transactions in Hong Kong struck a five month low of 4,770 in June, down 10 per cent from May, according to real estate agency Ricacorp Properties That trend is unlikely to ...