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 ...
Hong Kong buildings authority under fire over second case in 3 days of falling concrete from block
Secretary for Development Bernadette Linn orders head of Buildings Department to look into blocks in city that have not undergone integrity checks after warning.
Hong Kong property market deal flow seen slowing further in July as warnings about higher interest rates curb demand
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 ...
China’s Shimao may add Hong Kong hotel to sweeten restructuring proposal
Shimao Property said on Monday (Jul 3) it may include its hotel in Hong Kong as a sweetener in its offshore debt restructuring, instead of selling the property. Shimao, the first major Chinese ...
Hong Kong retail property segment cashes in as mainland Chinese tourists return to spend on luxury, dining out
Retail has outperformed all other property segments, Colliers Hong Kong executive says 'Retail market shall continue to improve as the number of mainland tourists is expected to grow': CBRE Hong Kong ...
Hong Kong property: plot of land for flats in Kennedy Town fetches just 6 bids as high interest rates, market gloom deter developers
The first government land tender of this financial year ended up attracting far fewer bids than expected as the prospect of further interest rate hikes and new housing supply dimmed the outlook for ...
Hong Kong tycoons to sell billions in assets to cut debt
The conglomerate announced it will sell its US beverage business to its controlling shareholder for $5.28 billion. Read more at straitstimes.com.
China’s Property Market Enters Troubling New Phase
Real-estate demand appears to be waning as more supply hits the market, raising fresh risks for an already-fragile economy.
Hongkong Land mulls ‘significant’ investment as share buyback pace moderates: DBS
In Singapore, Hongkong Land is largely exposed to the local residential market via its subsidiary MCL Land. DBS notes that despite the recent spate of cooling measures, the impact is not significant ...
Hong Kong’s home prices fell 0.7 per cent in May, snapping 4-month rally amid fears of further interest rate increases
Prices of lived-in homes in Hong Kong fell for the first time since December, as buyers retreated to the sidelines amid worries over further interest rate increases and oversupply. The official ...