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Tag: property

Posted on 13/10/2024

Hong Kong Developer’s Kai Tak Project Sold Out for Second Week

Hong Kong’s biggest property developer sold all of its units put on sale at one of its projects over the weekend, as some buyers took advantage of lower borrowing costs and steep discounts.

Posted on 10/10/2024

Hong Kong Property Market Shows Recovery Signs After Rate Cuts

Hong Kong’s slumping housing market has received a long-awaited boost from interest-rate cuts and a stock market rally.

Posted on 10/10/2024

Hong Kong’s CK Asset prices Blue Coast II in Wong Chuk Hang at 20% below development cost

Li Ka-shing’s flagship developer has priced the first batch of flats at an average of HK$21,526 per square foot, below the HK$28,000 development cost.

Posted on 09/10/2024

Hong Kong housing market needs more rate cuts, wealth from stock gains to end slump

Lower financing costs and greater wealth effect from stock gains are needed to overcome another year of declines in home prices, analysts say.

Posted on 06/10/2024

Hong Kong property prices have ‘bottomed out’ and will ‘rebound slowly’, sector leader says

Recent strength in stock market can help drive economic recovery and boost property sector, head of developers' association says Hong Kong property prices have bottomed out and will begin to rise ...

Posted on 05/10/2024

Hong Kong to sell 1 residential plot in Tai Wai in third quarter, maintain housing supply

The government is monitoring market sentiment and will continue to release land strategically to meet housing needs, development minister says.

Posted on 02/10/2024

Hong Kong Stocks Surge: Chinese Property and Financial Giants Lead the Way

Hong Kong stocks rallied on Wednesday, powered by Chinese property and financial companies following Beijing's stimulus measures and relaxed home purchase rules. The Hang Seng Index saw its biggest ...

Posted on 02/10/2024

China Property Shares Surge on Easier Home Purchase Rules, Improved Sentiment

HONG KONG (Reuters) - Shares of China property developers surged on Monday after first-tier cities such as Guangzhou lifted all home purchase restrictions over the weekend, while Shanghai and Shenzhen ...

Posted on 01/10/2024

The private student accommodation market shows great potential, but repurposing existing properties will only go so far to satisfy growing demand

The private student accommodation market shows great potential, but repurposing existing properties will only go so far to satisfy growing demand.

Posted on 01/10/2024

China’s top banks to tweak mortgage rates to boost housing market

SIX of China’s biggest banks said they would tweak interest rates on existing mortgages following a request to lower them from Beijing’s central bank, state media said on Monday (Sep 30), as the ...

Posted on 30/09/2024

China Removes Curbs on Home Buyers, Sparking Stock Market Surge

After seeing prices decline for years, Chinese officials have made a burst of policy changes aimed at making easier to buy homes.

Posted on 30/09/2024

Hong Kong property investors to keep powder dry as interest-rate cut fails to tempt

I would not say an interest-rate-cut cycle has begun,' expert says. 'Therefore, we won't be seeing many investors entering the market.' Investors may remain on the sidelines of Hong Kong's property ...

Posted on 30/09/2024

China to Allow Home Buyers to Refinance Mortgages in Latest Easing Move

The move is the latest in a weeklong burst of easing measures aimed at stimulating China’s moribund property market.

Posted on 29/09/2024

Hong Kong tycoon Cecil Chao’s shift: From $128M marriage offer to accepting daughter’s same-sex partner

Hong Kong property tycoon Cecil Chao once offered HKD1 billion (US$128 million) to find a husband for his daughter, Gigi Chao, but his efforts were unsuccessful.

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