Despite the uncertainties Covid-19 has brought to Hong Kong, particularly during the recent fifth wave of the pandemic, the city’s long-term future is well supported by the government’s policies. ( read original story ...)
How data technology can help property buyers
The recent property prices show an adjustment trend. Buying an apartment is still the goal of most Hong Kong people, but there is always a lack of relevant information. (1) Predict the landscape as ... ( read original story ...)
Chinese banks defer mortgage payments due to Covid spikes
Major Chinese banks have allowed clients in some cities and provinces hard-hit by Covid-19 to delay their mortgage payments to assist clients with payment difficulties at a crucial moment in the fight ... ( read original story ...)
Hong Kong homeowners struggle to sell in sluggish property market
The world’s least affordable housing market is in a rut. Hong Kong home prices have fallen more than 6 per cent since a peak in August, with no quick recovery in sight. Some analysts are predicting ... ( read original story ...)
Hong Kong co-living sector likely to see more consolidation as opportunities grow
Mergers and acquisitions (M&As) among co-living operators have increased over the past few weeks, as the average occupancy rates of flexible living spaces have stabilised to around 90 per cent this ... ( read original story ...)
Hong Kong developers shower rebates, discounts and goodies to whet buyers’ appetite for ‘revenge spending’ ahead of massive launches in the second quarter
Up to 4,000 new flats in 11 projects may be released for sale in the second quarter, said Hong Kong Property Services (Agency)'s Chief Operations Officer Dave Ma Henderson Land Development and ... ( read original story ...)
Luxury home rents ‘may fall by up to 15 per cent’ as Hong Kong’s strict zero-Covid policy sends expats packing
Luxury home rents may fall by as much as 15 per cent this year as expatriates keen to escape the city’s strict zero-Covid-19 policy continue to leave in droves, said analysts. ( read original story ...)
Hong Kong home prices: Sellers wonder how low asking bids will go
“I have never seen the property market as quiet in more than 15 years of buying and selling,” said Ada Chan, 42, who is trying to sell her three-bedroom apartment near the University of Hong Kong. The ... ( read original story ...)
Fed and HKMA rate increases likely to have muted impact on Hong Kong’s commercial property market
Should property investors be worried about the pace and frequency of rate increase in the US? The link between local interest rates and asset valuation is not well-established. ( read original story ...)
Hong Kong to see sales of bigger flats slow down, as interest rate rise counters mortgage relaxation
The relaxation of mortgages for more expensive flats in Hong Kong will propel sales in the short term only, as an imminent interest rate hike will keep potential buyers away, industry insiders said. ( read original story ...)
Expect a sharp, sustained drop in Hong Kong housing prices? Think again
Despite a pessimistic turn in sentiment, the underlying factors that have made Hong Kong's housing market the world's most expensive have not changed Any prediction of a residential property bear ... ( read original story ...)
Why ‘foreigners’ in Hong Kong should heed history’s lessons on forced deportation
Despite assurances, history shows ‘foreign’ residents are briskly discarded when their presence appears more nuisance than benefit – just look at Indonesia. ( read original story ...)
Hong Kong No2 John Lee makes bid for top job
The previous week, Hong Kong’s four biggest property tycoons had also issued statements separately expressing their support for Lee. Media reports said the public show of support even before Lee’s ... ( read original story ...)
Hong Kong’s next leader sets out goals
A former top cop set to become Hong Kong’s new leader vowed on Saturday to reboot the city’s international competitiveness, but revealed few concrete policy details on how that will be achieved. ( read original story ...)