Evergrande Health claimed on June 25 that it acquired 100% stake in the Hongkong-based Season Smart with an investment ... to approve financing plans and removing Season Smart's right to mortgage asse... ( read original story ...)
Hong Kong’s record-breaking parking space market set to lose steam, say analysts
View photos The number of parking spots changing hands fell drastically in the second half of the year, from a peak of 1,348 in June to just 377 in November, the lowest for almost three years, accordi... ( read original story ...)
Has the Chinese property developer gold rush ended in HK?
China Overseas Land and Investment has snapped up the last piece of Hong Kong government land this year as it took a second bite of the cherry at the old Kai Tak Airport. The top mainland property dev... ( read original story ...)
Future Returns: Negotiating Hong Kong’s Mighty Real Estate Market
Ownership often symbolizes social status and privilege, and Hong Kong’s real estate values have skyrocketed over the last decade. Experts say growth will continue, given the combination of land scarci... ( read original story ...)
China’s ‘pent up demand’ may prop up Hong Kong’s property market in 2019
Hong Kong property prices have fallen sharply and look set to continue their downward trend until the end of 2019— but there's no danger of an all-out crash, experts said Monday. That's because resili... ( read original story ...)
Hong Kong property market correction fears are likely overblown, says CLSA
CME Group CEO: Trade deficits are not a bad thing for the US Data is a real-time snapshot *Data is delayed at least 15 minutes. Global Business and Financial News, Stock Quotes, and Market Data and An... ( read original story ...)
Video: HK property agents brawl in public, again
READ COCONUTS HK FEATURE: Why Hong Kong’s property agents are brawling in the streets Things soon got unhappy. According to video sent to Apple Daily by another real estate agent, surnamed Chow, a mid... ( read original story ...)
Annuities perked up after cool response
The Hong Kong Mortgage Corporation will introduce enhancement measures for the public annuity scheme - after 30 percent of applicants did not proceed in the first tranche of the plan.Three measures wh... ( read original story ...)
If Hong Kong property market enters downward cycle, we will consider easing measures, says monetary authority chief
Hong Kong’s property market is not in a downward cycle yet, Norman Chan Tak-lam, chief executive of the Hong Kong Monetary Authority, said on Tuesday. “If the property market enters a downward cycle, ... ( read original story ...)
Hong Kong’s competitiveness under threat as limited office land set to run out in 10 years
Hong Kong faces a host issues in the property sector. While the residential supply constraints grab the headlines, there is also an acute shortage of grade A office space in the world’s most expensive ... ( read original story ...)
Hong Kong’s chief executive says she will keep the public purse away from bailing out the property industry
Hong Kong’s government, which has repeatedly warned against speculation in the world’s most expensive property market, said it would keep public money away from any bailouts of the industry, as the ci... ( read original story ...)
Hong Kong’s building boom in tiny flats fizzles out as T-Plus in Tuen Mun gets the cold shoulder
Hong Kong’s era of low mortgage rates ended in September, as banks raised borrowing costs after key interest rates increased in lockstep with the US Federal Reserve’s tightening monetary policy. A Jul... ( read original story ...)
As property prices in Hong Kong fall, public support for the government will rise
The latest data from the Rating and Valuation Department shows the local property market is facing increasing downward pressure. Investment banks generally forecast a 15 to 20 per cent reduction in pr... ( read original story ...)
Hong Kong micro flats will bear the brunt of price slump, says CK Asset executive
Micro-flats, once all the rage in Hong Kong because of their affordability, would bear the brunt of the city’s property price slump, said an executive of CK Asset Holdings, one of the city’s biggest d... ( read original story ...)