The billionaire chairman of Hang Lung Properties said the city's measures, which include strict social distancing rules, make life difficult for businesses Chan believes the Omicron variant sweeping ... ( read original story ...)
Hong Kong home prices rise for 13th straight year, with rising trend likely to sustain if city brings fifth wave of Covid-19 outbreak under control
The index for lived-in homes in December fell about 0.3 per cent to 392.5 from November, but rose 3.3 per cent on an annual basis The index retreated 1.4 per cent in the fourth quarter after reaching ... ( read original story ...)
China’s net gold imports via Hong Kong surge in 2021
China’s net gold imports via Hong Kong surged in 2021 despite a dip in December from the previous month, as consumers stocked up on bullion to shield against economic risks. Net imports for last year ... ( read original story ...)
Tycoons Keep Building Hong Kong Offices as Vacancies Jump
Vacant office stock in Hong Kong climbed to a record high in December to 9.1 million square feet (845,000 square meters) -- equivalent to nearly 158 football fields, according to real-estate services ... ( read original story ...)
Hong Kong residential market sluggish as mortgage debt levels hit record highs
Debts reached HK$1,720 billion in November 2021. Hong Kong mass residential values declined 0.2% across the board in Q4 2021. Savills notes that the private housing affordability ratio reached 56.8% ... ( read original story ...)
Streamline building processes to cut average waiting time for public flat in Hong Kong to 3.7 years, think tank urges
Our Hong Kong Foundation’s report says average waiting time for public flats can be cut from 5.9 to 3.7 years if unnecessary processes or repetitive public consultations are reduced. ( read original story ...)
Hong Kong’s future Northern Metropolis looks to be a home for innovators
With state-of-the-art technologies and a self-contained community, the city is being positioned as a global high-tech, financial and logistics hub ... ( read original story ...)
Hong Kong real estate regains appeal with international investors as they target hotels, industrial assets in 2022, CBRE survey shows
Hong Kong was the sixth most attractive property investment destination in a CBRE poll of some 30 cities in Asia-Pacific, after dropping out of the top 10 last year ... ( read original story ...)
Chinese Property Bonds Soar as Investors Bet Worst Is Over
A record-breaking rally in Chinese property bonds is highlighting the huge sums of money primed to flow into the distressed securities should Beijing dial back its industry crackdown.Most Read from Bl ... ( read original story ...)
HK-listed Chinese property stocks jump on report of draft rules to ease cash crunch
Shares of Sunac China 1918.HK led a rise in China property stocks after a Reuters' report that China was drafting rules to make it easier for property developers to access escrow funds, in the latest ... ( read original story ...)
China reluctantly gives property market a break
Beijing will let stressed real estate developers tap escrowed pre-payments, building on surprise cuts to interest rates and fresh support for M&A. It’s an imperfect, partial solution to a worsening ... ( read original story ...)
Exclusive: China drafts rules to ease property developers’ cash crunch
China is drafting nationwide rules to make it easier for property developers to access funds from sales still held in escrow accounts in its latest move to ease a severe cash crunch in the sector, ... ( read original story ...)
Shimao’s founder offers to sell two floors at The Center in Hong Kong as developer digs into his own pockets to pare company’s debt
Shimao is seen as one of China’s more conservative borrowers, in a property industry where most developers rely on bank loans to finance their land purchases and constructions, amid a tight cap on ... ( read original story ...)
Hong Kong housing officials raise concerns about small flat size, design procedures of subsidised home ownership scheme
Housing Authority members note unsold batch of 500 shoebox flats under Green Form Subsidised Home Ownership Scheme, saying low take-up rate suggests such tiny homes do not meet buyers' needs Alice ... ( read original story ...)